tech
Dan Ives: Anthropic's growth is 'just the tip of the spear' for AI rally
Ives' comments come as part of a wider prediction for the Nasdaq to top 30,000 points by 2027, reiterating his call from earlier interviews with CNBC.
TL;DR
- Anthropic is nearing a $1 trillion valuation after a successful funding round.
- Analyst Dan Ives sees this as the start of a significant AI rally, with the US leading in technology.
- Ives forecasts the Nasdaq to exceed 30,000 points by 2027.
- Mega-IPOs from SpaceX, Anthropic, and OpenAI are anticipated in 2026.
- Some analysts warn that these large IPOs could indicate a market top, comparing it to the dot-com bubble.
- Ives, however, believes the market resembles 1997 rather than 1999 in terms of bubble risk.