‘Hectocorns’ Are Just One AI Flashpoint for 2026
In 2026, AI hectacorns might go public. That process, historians would tell you, was a harbinger for the dot-com bust as hopeless balance sheets were ignored in favor of overhyped promises that eventually collapsed. Will the A-IPOs prove to be a similar come-to-Jesus moment? It’s one theme I’ll be watching closely in 2026, but it’s certainly not the only one.
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