2026-11-08 23:42 UTC
Okay so let’s recap. Every company that’s doing AI stuff is haemorrhaging money. The stock market has been selling off AI stocks for a week because it’s getting increasingly jumpy about profitability. The CEO of Nvidia, the only company that seems to be making money from the AI bubble, has just admitted to cheating on his wife with someone who may or may not be a Chinese spy. And Anthropic are pressing ahead with a $1.5T IPO with an unconventional lockup that allows stakeholders to sell 10% on the first trading day, amongst speculation that they may not receive an investment-grade credit rating.
The next couple weeks are gonna be wild.
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