Google’s parent company is now pushing toward a $3 trillion market cap, riding the AI wave.
Every major tech stock is up again.
Feels like the same story every tech cycle, big hype and bigger cash. Do you think this one’s different?
Google’s parent company is now pushing toward a $3 trillion market cap, riding the AI wave.
Every major tech stock is up again.
Feels like the same story every tech cycle, big hype and bigger cash. Do you think this one’s different?
Maybe the real question isn’t whether it’s a bubble but whether everyone’s betting on the wrong players while DARPA quietly builds the real thing. Can you really beat DARPA?
DARPA doesn’t build the real thing, they fund the building of the real thing, it’s their MO. The robot dogs and bipeds and quadcopter drones that Boston Dynamics and Anduril and other companies have been building are the frontier and DARPA is one financier amongst a sea of others. The Ellisons just bought our military, apparently, or at least purchased a $130M stake in it, to illustrate a point that we’re fucked even if the robots don’t end up being the most efficient way to do the deed.