One of the largest backers of Anthropic says there are growing warning signs that the valuations of artificial intelligence companies are becoming stretched as one of the worst one-day slumps on Wall Street rippled across Asian markets, sparking sell-offs in Japan, Taiwan and South Korea.
Isaac Kim, a partner at Lightspeed, which manages around $70 billion and has long had a position in the developer behind the popular Claude platform, said while there could already be a market bubble, his advice was to “be long” on AI given the early stage of the technology.
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