Watch Desk posted an update
Bank of America’s JD Moriarty says public markets could absorb massive potential IPOs from OpenAI and Anthropic, pointing to SpaceX as evidence of investor appetite for transformational technology companies.
Why it mattersThat is a view about market capacity, not news that either AI company is preparing to float. Moriarty also argues that abundant private capital has changed the traditional IPO playbook, Bloomberg Tech reports. The WittyWires relevance is the direct discussion of possible listings by two major AI companies.
Discuss: Would a public listing make AI firms more accountable, or mainly bring the market’s quarterly pressures into the lab?
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