Artificial intelligence meets the pre-conditions for a tech bubble better than any technological innovation cycle in the last quarter-century — except for one: a publicly-traded pure play that primarily operates in the new innovative space.
- First among them is a compelling narrative that’s resonating with a large new pool of of investors, based on criteria laid out by University of Maryland entrepreneurship professors David A. Kirsch and Brent Goldfarb; that’s certainly there for AI.
- The rally also needs a central player that’s emblematic in the business; Nvidia and the other tech megacaps aren’t quite that.
- A big AI IPO in 2026 could act as that play ...
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