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by minraws
11 days ago
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They are buying 10B$ worth of shares for 10% discount from current valuation, and if their goal is to hold for 10-20 years, then it could be a good hedged buy in favour of AI. Even if AI crashes 90% SpaceX, OpenAI & Anthropic are worth say 200B each post IPO. In 10-20 years with similar effects to Internet they might be the next Meta. Apple, Microsoft of the world. But Google will likely still be the leader if it can make good on it's advantages. |
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