death of tokenmaxxing = potentially a very serious issue for all three big IPOs.
5:38 PM · Jun 3, 2026 · 50.3K Views
The spending pullback threatens valuations for upcoming sector IPOs
death of tokenmaxxing = potentially a very serious issue for all three big IPOs.
It seems like @GaryMarcus was right: the AI revenue models are imploding
Sam Altman said AI budgeting has recently become a "huge issue" for some companies, something that "never came up" earlier this year. https://bit.ly/4uxIGnv
The spending pullback threatens valuations for upcoming sector IPOs
death of tokenmaxxing = potentially a very serious issue for all three big IPOs.
Some users praise insightful commentary on Sam Altman's warnings of AI spending pullbacks at OpenAI and Anthropic, while many others accuse the firms of lying about revenue and rushing IPOs before a bubble bursts.