Yes even for some companies with current revenue the multiples are extremely high.
Really struggling to decide if AI is ultimately a winner take all market. Of course the very best models will require trillions in capital to train, but seems there also will be a long tail of local, smaller, and specialized models doing a majority of the workloads.
Really struggling to decide if AI is ultimately a winner take all market. Of course the very best models will require trillions in capital to train, but seems there also will be a long tail of local, smaller, and specialized models doing a majority of the workloads.