Wall Street urging Anthropic, OpenAI to do their IPOs this year ‘before things get crazy’
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.
https://nypost.com/2026/10/23/business/wall-street-is-urging-anthropic-openai-to-do-their-ipos-in-a-hurry-heres-why/Open linkView original on lemmy.world
20 replies
What if their IPOs are what makes things get crazy?
The New York Post hasn't made a profit in over half a century. Why do they exist? Because they are a propaganda outlet for the Epstein class.
Anthropic and OpenAI are a scam... but so is the NYP.
Shortsellers be like 🤤
Yes please do. Take more money from these suckers.
"We need a chance to fleece the people before this ship goes down"
They know the crash is coming because of their own irresponsibility and corruption, so they're trying to preemptively deflect blame to their political enemies.
Wild line to include in your story, when the goal of journalism is to be impartial. Don't threaten us with a good time.
The New York Post is not journalism.
Yeah, even before real journalism had mostly failed they were not journalism. Tabloid rag.
I mean, it's the NYPost. That place has always been somewhere between Fox News and The National Enquirer.
They're terrified of the thought of being held accountable for anything.
Lmao Democrats "left wing"
Yanks have no idea what an actual leftist is
AKA make dumbasses waste money on shares to take the risks off the banks and investors before things blow up.
Ah the consequences of their own actions.
One way to get a bailout is simply to ask the working public to kindly hold the bag for you. I fear that many people will continue to fall for it.
They won't get a bailout. It's not an important industry with tens of thousands of employees like automobiles and they not key to the financial sector like banks.
Don't get me wrong, the bubble is going to tank the economy as a whole, but bailing them out won't get them back on feet they never had.
Going public and having ETFs , Mutual Funds, and pension funds participate in an IPO is the bailout.
Oh I hope you're right, but what I was saying is that the IPO itself is a "bailout" of sorts, by shifting the ownership of this vastly unsustainable business onto regular investors and retirement accounts.
Oh! It'll probably be like TSLA stock. People will throw money for FOMO and then that builds on itself even though the product sucks. The part of capitalism that relies on people acting in their own best interest ain't working so great with the stock market.