Think SpaceX's $28.5 Trillion Idea Sounded Crazy? Wait Till You Hear What Anthropic Says.
Investor beware: The Wall Street Journal says TAM claims can be "especially squishy."
Overview
Two months ago, Elon Musk made a bold claim. (I know. Shocking!) Explaining in its initial public offering (IPO) prospectus why Space Exploration Technologies (NASDAQ: SPCX) was justified in asking investors for a valuation more than $1.5 trillion, Musk & Co. asserted that, in the not-too-distant future, its products and services would serve a $28.5 trillion market for space, connectivity, and artificial intelligence (AI) services.
And the biggest of these was AI.
Details
According to Musk, AI is a market opportunity of $26.5 trillion.
Source
Originally published at www.fool.com.
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