The last couple of years will come to be known as the artificial intelligence (AI) boom period.
We’ve seen it in technological development
We’ve seen it in tech stock share prices. And most recently, we’ve seen it in Space Exploration Technology Corp., or SpaceX, the largest initial public offering (IPO) in history. SpaceX isn’t the only mega-IPO we’ll see.
Anthropic and OpenAI are likely to go public later this year and become trillion-dollar companies themselves. While this creates significant investor enthusiasm, it also poses risks to portfolios. The major indexes, such as the S&P 500 (SNPINDEX: ^GSPC), are already heavily tilted toward tech.