In an op-ed published recently in the Rochester Democrat and Chronicle, Alfred University President Mark Zupan discusses the expected initial public offerings (IPOs) of three giants in the artificial intelligence (AI) industry and reasons for being wary to invest in them.
The op-ed, titled “Perspectives on giga-sized AI companies’ IPOs,” appeared in the Sunday, July 12, issue of the Democrat and Chronicle.
Zupan writes about three companies — SpaceX, Anthropic, and OpenAI — who are going public with a combined target of initial public valuation of about $4 trillion. He discusses podcast episodes by The Economist which outlined several reasons for investors to be cautious in taking positions on these mammoth IPOs.