alt Hacker NewsToo conspiratorial to think that they (the AI companies) want to be blocked or at least temporarily delayed from IPO? Finances are too bad to do it but delaying for ambiguous reasons will sink their valuations. Trump can’t let the stock market collapse before the midterms. Hence this whole big safety dog and pony show. Keep the market up until the midterms, then hand off the bag.
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dgellow • yesterday at 3:27 PM
Hmm, my instinct is to say that’s too far fetched, but given how corrupt that whole thing is I really don’t know. I would add that to the list of possibilities and reevaluate how plausible that is once we see Anthropic’s 2026 numbers.
Though it’s pretty depressing that we can’t just dismiss it directly…
Also, if the govt steps in, the AI companies can declare force majeure so they can kick the can down the road a bit longer.
Oracle is the canary.