How do you feel about ai companies going public on the stock market?
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Most of these companies aren't making much money and by going public they can offset the loss to people. If you have a 401k or any index fund you will be automatically bought into the companies.
50billion in yearly revenue. 2 trillion in private investor funding. Going public inflated the value allowing them to pay off their investors.
Not really knowledgeable about economics but from my understanding thats what's happening.