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Are we tokenmaxxing our way to nowhere?

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Summary

The AI industry is seeing a growing divide between insiders and the public, characterized by massive spending, new vocabulary, and increasing suspicion. Companies like OpenAI are acquiring diverse assets, while others rebrand as AI infrastructure plays, and Anthropic develops models deemed too powerful for public release. This trend highlights a rapid, somewhat insular evolution of AI development.

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Explore related coverage about startup launch and adjacent AI developments: OpenAI, not yet public, raises $3B from retail investors in monster $122B fund raise, Jensen Huang just put Nvidia’s Blackwell and Vera Rubin sales projections into the $1 trillion stratosphere, Elon Musk’s xAI faces child porn lawsuit from minors Grok allegedly undressed, Upscale AI in talks to raise at $2B valuation, says report.

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OpenAI, not yet public, raises $3B from retail investors in monster $122B fund raise

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