Saturday, 11 July, 2026
Don't Buy the Hype: Defense Tech CEO Warns OpenAI and Anthropic Against Rushing IPOs
By TechShots Studio
Anduril CEO Brian Schimpf warns AI giants OpenAI and Anthropic against launching public offerings during a "hype cycle," labeling tech valuations "dangerously high." Despite Anduril’s own valuation doubling to $61 billion amid high U.S. defense spending, Schimpf stresses that successful IPOs should be judged by investor returns after three years, warning that rushing to list right now could severely backfire.
Read full story at TIMES OF INDIA