alt Hacker NewsWhat a time we live in when 20 billion is considered poor... I would consider companies in sub million range to be poor and that is charitable already...
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watwut • today at 2:47 PM
The big one believes themselves ready to rival "government power"
Btw, OpenAI words, not mine https://news.ycombinator.com/item?id=49232778
The time we live in is a bubble. Cursor, a company that developed a fork of VSCode that uses AI models they don't own on hardware they don't own got bought for $60B, compare with JetBrains, a company that actually makes some of the best if not the best IDEs in several languages is "only" worth $7B.
$20B is certainly not poor, but in the world of AI and overinflated valuations, it almost is.