Billionaire investor Howard Marks lays out why valuing AI companies like Anthropic is so tricky

Source: Business Insider

Howard Marks is the co-founder and co-chairman of Oaktree Capital Management. Christopher Pike/Bloomberg via Getty ImagesBillionaire investor Howard Marks laid out why it's so difficult to value AI businesses. It's hard to predict what a company like Anthropic will be doing or earning in five years, he said.