Source: New York Post
More From Charles Gasparino Speculation — and anxiety — growing that Mark Zuckerberg’s Meta will issue new stock to pay for lavish AI spending Anthropic’s blockbuster IPO filing could come as soon as this week — here are the big questions Wall Street is asking The AI bubble is about to burst — and a big market correction is coming Wall Street is telling Anthropic and OpenAI that they had better launch their blockbuster IPOs sooner rather than later – and it goes well beyond the risks of an AI bubble, On The Money has learned. The mounting worry among big investors, insiders say, is the threat of a left-wing takeover of Congress, conjuring nightmare scenarios of Democratic Socialists on Capitol Hill looking to throttle deals as they grill tech executives over everything from AI-sparked job losses to deepfakes. “It will be years of hearings, investigations and nonstop turmoil,” one major Wall Street deal lawyer said.
