AI’s Trillion-Dollar Dilemma: Valuations Slashed, IPOs Pulled, and Code Cracks Wide Open
AI markets are in a volatile reset. OpenAI cut its valuation target for a new $30B round to $1.25 trillion, while Anthropic eyes a $2 trillion IPO despite a $42B loss in 2025. SK Hynix scrapped its $10B Solidigm US listing amid regulatory pushback, signaling a capital-markets chill.