Source: New York Post
Silicon Valley’s artificial intelligence boom is spawning a new class of billionaires who are barely old enough to rent a car — but now rich enough to live large in California’s most lavish mega-mansions. Despite fears of a bubble, the AI market is poised to hit a fever pitch this year as San Francisco-based Anthropic plots an IPO at a valuation of $1 trillion or more. Even lesser-known startups and financial firms have raised billions as investors desperately try to cash in on the craze.
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