[moi2388]

Of course it is. But stocks aren’t a measure of current profitability. It’s a bet on future profits.

How many serious, large AI players are there? Google, OpenAI, Anthropic, and who else exactly?

At least one of them will probably win. And winning here means billing almost all companies for AI and automation, consumers, perhaps robotics and research.. and that potential earning is massive.

So yes, I will pay 10 times the worth for the stock now, but paying 1000 per stock for a chance of owning all that future profit is not that outrageous.

[necovek]

I believe a more likely outcome is that neither one of them outright "wins", and they get joined by other players like xAI, DeepSeek, Qwen, Mystral, Llama even...

That should make it hard to bank in on future growth with any single AI company: what I believe is happening is investors jumping in on the short term gains train.