Gary Gensler discusses Artificial Intelligence and the current Mega-IPO boom as SpaceX, Anthropic, and OpenAI all seek to go public. With U.S. AI infrastructure capital expenditures tripling in just two years to an estimated to be $750 billion this year — these firms will need to find sustainable revenue models to warrant these AI investments and their own targeted valuations.
Watch Bloomberg’s full interview here: ‘Fmr. SEC Chair: Giants Like SpaceX Need to Find Revenue Model’