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The Guardian - US
The Guardian - US
World
Blake Montgomery

The mind-boggling valuations of AI companies

Donald Trump Microsoft OpenAI Nvidia United States Amazon Apple Cryptocom Devin Nunes Google
an aerial view of a building and a parking lot
Microsoft are building a datacenter in Wales. Photograph: Dimitris Legakis/Athena Pictures

Hello, and welcome to TechScape. I’m your host, Blake Montgomery. If you like reading our newsletter, forward this email to five friends with a demand they sign up like it’s a chain letter warning of bad luck for five years. In this week’s news, AI companies hit mind-boggling financial milestones such as a $5tn valuation, a $100bn quarter, and a string of deals worth nearly $600bn.

The AI boom’s incomprehensibly vast numbers make it hard to criticize

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