BitMEX co-founder Arthur Hayes said on the Convergence podcast on 16 Oct that OpenAI, Anthropic and SpaceX are unprofitable and rely on debt, equity and implicit US government support. He argued a larger AI bubble would bring bigger bailouts and higher Bitcoin prices.
Arthur Hayes says OpenAI and Anthropic lack value as AI bubble grows
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The story so far: Arthur Hayes on AI bailout and crypto
Arthur Hayes said excessive AI data-center investment will end in a collapse and bailout, with the resulting liquidity likely lifting crypto. He now says share supply and future unlocks at SpaceX, Anthropic and OpenAI could weigh on AI stocks and raise debt costs, and Maelstrom will wait on the sidelines unless fiat…
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Arthur Hayes says OpenAI and Anthropic lack value as AI bubble grows
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