this post was submitted on 01 Jun 2026
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Technology

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[–] SupraMario@lemmy.world 24 points 2 hours ago (2 children)

It is odd that the 3 big players are trying to rush to IPO... probably to dump their shit and cash out before the bag holders have time to sell... I've got a feeling they know it's going to crash soon.

[–] Flower@sh.itjust.works 1 points 18 minutes ago

And there is a waiting time after the IPO before cashing out is possible, half a year or so. Critics with some knowledge expected the bubble to pop somewhere in 2027, so with the half year waiting period they have to make their move soon or they'll sell on the downslope.

[–] artyom@piefed.social 1 points 40 minutes ago

They have to beat OpenAI and SpaceXitter because they're afraid the investors will jump on the first AI bandwagon that comes around and have less or no money for them.