The Ledger: The Human Investing Approach

5 days ago 4

Rommie Analytics

A huge amount of investment capital is being poured into artificial intelligence. OpenAI is planning an IPO that would value the company at about $1 trillion, while rival Anthropic is looking to raise $65 billion, which would leave it with a valuation of $965 billion. And then there's Elon Musk's gigantic SpaceX IPO, which includes Grok. It went public today after an initial price of $135, making it the biggest IPO in history (shares were off in early trading). AI is a transformative technology that is already disrupting every activity and industry, and you're seeing those changes . . .
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