Story perspectives

Ken Griffin Warns of AI Bubble, Eyes Anthropic IPO

By Drooid · Oct 22, 2026, 6:26 PM UTC · How we work

Summary

Story summary

Ken Griffin warned investors that they are almost certainly in an artificial intelligence bubble.
Griffin said the bubble could spark a golden era for entrepreneurs amid economic transformation.
Griffin noted America is uneven in extracting AI value and scrutinizes Anthropic and OpenAI costs.
Anthropic plans a U.S. IPO soon, potentially one of the largest ever.
The Wall Street Journal reported Anthropic could spend $750 billion on computing power in coming years.

History

Historical Context

In March 2000 the Nasdaq Composite, after a 400% rise since 1995, peaked at 5,048.62 and then fell, wiping out about $5 trillion in market value as Cisco lost about 80% and Amazon over 90% of its stock price. Today hedge-fund manager Ken Griffin warns that AI firms such as Anthropic and OpenAI face a similar speculative surge that could trigger another correction.

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Story summary

Ken Griffin warned investors that they are almost certainly in an artificial intelligence bubble.
Griffin said the bubble could spark a golden era for entrepreneurs amid economic transformation.
Griffin noted America is uneven in extracting AI value and scrutinizes Anthropic and OpenAI costs.
Anthropic plans a U.S. IPO soon, potentially one of the largest ever.
The Wall Street Journal reported Anthropic could spend $750 billion on computing power in coming years.

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