Quoth the Raven
· QTR’s Fringe Finance
· 28 августа 2026, 07:43
· ⏱ 1 мин чтения
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Резюме
Doug Kass argues the AI funding boom has already peaked, pointing to OpenAI and Anthropic’s apparent rush to go public after a period of abundant private capital and minimal quarterly scrutiny. If the article is right, the next phase of AI funding shifts onto public-market investors at late-cycle valuations, a negative signal for AI-related equities and a potential overhang from new AI IPOs.
•Kass believes the funding cycle for artificial intelligence may already have peaked.
•OpenAI and Anthropic are moving toward public markets with apparent urgency, which Kass treats as a signal rather than a growth milestone.
•AI companies recently enjoyed abundant private capital, rapidly rising valuations, enormous strategic investments, and relatively little quarterly financial scrutiny.
•Quoth the Raven's own recent companion piece argued the AI crash could start as soon as this year.