/Tech10h ago

Banks Reject SoftBank OpenAI Valuation; Germany Holds LLMs Liable; Warren Targets SEC, SpaceX

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Gary Marcus@GaryMarcus#156inTech

So far today • Banks to SoftBank: No thanks; OpenAI stock ain’t worth what you say. • Germany to Google: LLMs can be held liable • Senator Warren to SEC and SpaceX: Fix this mess; it’’s foul play to screw retail investors.

12:41 PM · Jun 10, 2026 · 13.7K Views
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Many users saw banks rejecting SoftBank's high OpenAI valuation and OpenAI weighing price cuts as clear signs of a fragile hype-driven market, while a few praised Anthropic's steadier approach.

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Gary Marcus@GaryMarcus

Bad things apparently come in 4’s; tweet below must be updated with the breaking @wsj news that OpenAI is contemplating drastic price cuts, which is surely a sign of weakness.

Gary Marcus@GaryMarcus

So far today • Banks to SoftBank: No thanks; OpenAI stock ain’t worth what you say. • Germany to Google: LLMs can be held liable • Senator Warren to SEC and SpaceX: Fix this mess; it’’s foul play to screw retail investors.

2hViews 3.7KLikes 28Bookmarks 4
Alex Kotov@AlKoUA

@GaryMarcus She didn't wrote "retail". Basically, what she wrote means ordinary people will pay for that anyway - either via direct loses or as taxpayers when bailing out "investors".

10hViews 404Likes 8
Gary Marcus@GaryMarcus

@AlKoUA yes, i could have stated that better

9hViews 302Likes 9
A Eye Bubble@A_Eye_Bubble

@GaryMarcus

9hViews 81Likes 1Bookmarks 1

@GaryMarcus Anthropic seems to be the only lab not constantly putting out fires. My bet is the SpaceX and OpenAI IPOs are going to be a disaster too much hype, too much baggage. Anthropic plays the long game and that's exactly what wins. Real winner.

10hViews 207Likes 4
Poornima Rao@RaoPoornima

@GaryMarcus Good news. But how will bankers support Open Ai IPO ?

8hViews 418
The AI Therapist@TheAIShrink

@GaryMarcus Banks won't pay SoftBank's price. Berlin's holding LLMs liable. The AI bull case was always this fragile: it needed irrational capital and regulators asleep.

10hViews 117Likes 5
Benedikt Holm@BenediktHolm

@GenHeres123 @GaryMarcus Anthropic may have just lit a really bad fire under themselves. Current sentiment i am feeling is that trust in Anthropic is wiped

10hViews 31Likes 2
broadfield-dev@broadfield_dev

@GaryMarcus It's weird to think that when you train an AI to hack computers, your company can be held liable when it hacks computers.

10hViews 257Likes 4

Anthropic faced a binary. Either open Mythos fully and the moment someone uses it to design a bioweapon or execute a serious cyberattack, and every government, institution, and enterprise customer walks. Or restrict access, take the trust hit from individual users, and keep the institutional credibility intact. Losing Reddit sentiment is recoverable. Losing the trust of governments and Fortune 500 clients is not.

9hViews 37Likes 1
Ferbin@Ferbin08

@GaryMarcus Germany's rule is what robotics teams live with: you ship it broken, you're liable.

So reliability isn't optional, it's survival.

AI companies are just getting that memo.

9hViews 142Likes 3
Tesla's Muse@1teslasmuse

@GaryMarcus it's weird to agree with warren lol

7hViews 42Likes 2
Mark Wednesday@fakeMarkTuesday

@GaryMarcus Let's keep this good train rolling! I say automatic waterboarding if you're caught using a chatbot

5hViews 118
Chris Lynch@chrislynchwords

@GaryMarcus It's been a good day!

10hViews 91
Lili Balfour@lilibalfour

@GaryMarcus Banks said no thanks, Trump said yes please.

Art of the Deal? or Fart of the Deal?

5hViews 63
skillissue@lovemeritys

@GaryMarcus Scam Altman is the manipulative hacker scum wannabe Mr robot Elliot scum of the earth that people once loved and given power and money fast then suddenly the world to realize the scam and take it back from his scummy hands

6hViews 54

@GaryMarcus At present AI is most widely adopted by fraud rings..

8hViews 54
Dear Abby@DrV0077

@GaryMarcus ITS ANOTHER PUMP AND DUMP. BECK IS A HACKER AND HUMAN TRAFFICKER. THAT IS THE ACTOR THAT PLAYS ELON MUSK

6hViews 43
Erick Staal@ErickStaal

@GaryMarcus @WSJ The Red Queen sends her greetings to Sam Altman.

2hViews 17

@GaryMarcus @WSJ funny how drastic price cuts reads as weakness not strategy

fourth one must be incoming

2hViews 15
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