The private tech market has skyrocketed to $1.3 trillion, nearly double last year’s figures, according to Forge Global. This surge follows the launch of ChatGPT by Sam Altman, marking three transformative years for AI. Investments in seven leading AI companies have quadrupled since late 2022, driving valuation growth. Notably, Elon Musk’s xAI is raising $10 billion, resulting in a $200 billion valuation, while OpenAI leads the pack at $324 billion, followed by Anthropic ($178 billion) and xAI ($90 billion). With 19 AI firms amassing $65 billion in 2025—accounting for 77% of private market capital—there’s little incentive for these companies to go public. High demand for AI technologies is affecting public markets, evidenced by Oracle’s 36% stock spike after partnering with OpenAI. Despite concerns of a bubble, industry leaders plan aggressive investments in infrastructure, signaling a lasting impact from AI advancements.
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