AI has probably increased valuations for Big Tech (particularly Nvidia) by at least a few trillion over the past two years. So part of this is that investors think OpenAI/Anthropic will only capture around 10% of total AI profits.
AI has probably increased valuations for Big Tech (particularly Nvidia) by at least a few trillion over the past two years. So part of this is that investors think OpenAI/Anthropic will only capture around 10% of total AI profits.