Big Tech profits get $160bn boost from gains on stakes in other AI companies
Analysts say large paper windfalls on investments in OpenAI, Anthropic and SpaceX have muddied the tech sector’s earnings metrics
TL;DR
- Large paper windfalls from investments in AI companies are boosting tech sector earnings.
- Investments in OpenAI, Anthropic, and SpaceX are cited as examples.
- These gains are muddying the tech sector's traditional earnings metrics.