Of course, I expected the collapse of artificial intelligence, I talked about a bubble, but I did not expect this. My theory was a simple issue mechanism. In my experience, a company founder will not sell his company's shares to the market if everything works out for him. Companies that go public are often on the brink of death, and the share they manage to collect from the market allows them to survive, but they don't talk about it openly. Most of the time, we learn about this fact from a podcast 10-15 years after the IPO, but I have participated in the releases and know how treacherous they are in reporting and what the regulators are willing to turn a blind eye to. So I was waiting for two IPOs this spring: Anthropic and OpenAI. If they want an IPO so badly, it means things are going really bad for them. They would exit, early shareholders would start selling, then the companies would report earnings and the bubble would burst. But it all happened without an IPO Anthropic just revealed a net loss of $47 billion and also revealed a hidden debt of $600 billion. Considering all debts and operating losses, the company owes half of its capitalization. In short, the investors decided not to wait for the IPO and started selling all the shares that have grown in recent years against the background of the ideas of introducing AI: Intel: -54%.

Of course, I expected the collapse of artificial intelligence, I talked about a bubble, but I did not expect this. My theory was a simple issue mechanism. In my experience, a company founder will not sell his company's shares to the market if everything works out for him. Companies that go public are often on the brink of death, and the share they manage to collect from the market allows them to survive, but they don't talk about it openly. Most of the time, we learn about this fact from a podcast 10-15 years after the IPO, but I have participated in the releases and know how treacherous they are in reporting and what the regulators are willing to turn a blind eye to. So I was waiting for two IPOs this spring: Anthropic and OpenAI. If they want an IPO so badly, it means things are going really bad for them. They would exit, early shareholders would start selling, then the companies would report earnings and the bubble would burst. But it all happened without an IPO Anthropic just revealed a net loss of $47 billion and also revealed a hidden debt of $600 billion. Considering all debts and operating losses, the company owes half of its capitalization. In short, the investors decided not to wait for the IPO and started selling all the shares that have grown in recent years against the background of the ideas of introducing AI: Intel: -54%.

CoreWeave: -55%.

Oracle: −51%.

Nabios: -48% I don't think this is the end. According to the rules of a good bubble, everything should grow back, then show a real fall. Moreover, the main beneficiaries of AI are still resilient:.

Microsoft: −2%.

Nvidia: -11%.

Google: -18% What will it give us? Any collapse in the US market reverberates around the world. Asia has already collapsed, our market has traditionally grown (autumn worsening), the EU has not yet reacted. I hope this crisis will bring us joy and not trouble. If AI crashes, then the prices of graphics cards and other chips will drop, which means I can upgrade my computer and start editing big videos. Upgrade cache / channel to MAX.