The AI IPO Wave Is The Dot-Com Bubble’s Evil Twin. Anthropic’s Delay Just Proved It.
THE SO WHAT
Skepticism around trillion-dollar AI IPO talk — even with rapid revenue growth — is a reminder that infra burn, safety spend, and customer concentration still matter to public markets. If you're building in AI, optimize for durable unit economics and diversification now, not just top-line momentum.
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