Circle Squared Alternative Investments founder Jeff Sica discusses the miraculous success of SpaceX’s IPO and looks ahead to upcoming AI IPOs like Open AI and Anthropic on ‘Varney & Co.’
Circle Squared Alternative Investments founder Jeff Sica analyzes SpaceX’s IPO, calling it an unprecedented success. Sica advises investors to watch for future AI-related IPOs, specifically mentioning Open AI and Anthropic, which could also reach trillion-dollar valuations. He raises questions about a potential AI bubble, drawing parallels to the late 90s dot-com era, and urges caution regarding high spending on AI infrastructure.
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