AI Boom, Market Bubbles, and Subscription Shifts

Anthropic, an AI company, is reportedly planning a public offering in 2026, potentially valuing it at $300 billion. Meanwhile, the U.S. Federal Reserves next head could be Kevin Hassett, suggesting potential interest rate cuts and further fueling market concerns about a bubble. Investor Michael Burry warns of a stock market bubble, comparing it to the dot-com era. OpenAI, known for ChatGPT, is seeing a slowdown in new subscriptions, while Anthropics subscriptions have nearly seven-folded this year.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.