Artificial intelligence creates new billionaires at a record pace

Photo of author

By [email protected]


Mira Morati, chief technology official at Openai (L) and Dario Amodei,

Getty photos CNBC

A copy of this article appeared for the first time in the CNBC Inside Wealth newsletter with Robert Frank, a weekly guide for the investor and high -value consumer. subscription To receive future versions, directly to your inbox.

artificial intelligence The startups have exchanged dozens of new billionaires this year, which increased the breakthrough of Amnesty International, which soon became the largest splash to create wealth in modern history.

Blockbuster Crushing collection tours This year for anthropoor, safe error, Openai, Anysphere and other startups have created wide new paper fortunes and paid assessments to registration levels. There are now 498 artificial intelligence “Haidat”, or Amnesty International companies for billion dollars or more assessments, with a value of $ 2.7 trillion, according to CB Insights. The company said that 100 of them were established since 2023. There are more than 1,300 companies from startups with an evaluation of more than $ 100 million.

In addition to the high stock prices Nafidiaand Deadand Microsoft And other companies related to self -relationships, as well as infrastructure companies that build data centers, computing power and huge payments for artificial intelligence engineers, artificial intelligence creates personal wealth on a scale that makes previous technical waves appear to be warm.

“Return to more than 100 years of data, we have never seen the wealth created with this size and speed,” said Andrew McAfee, the main researcher at the Massachusetts Institute of Technology. “It is unprecedented.”

There is a new group of billionaires that rise with assessments heading to the sky. In March, Bloomberg It is estimated that four of the largest private artificial intelligence companies have created at least 15 billionaires with a net value combined 38 billion dollars. More than ten deficiencies have been crowned since then.

Mira MorattiWho left Ai Open AI last September, launched the Menese Machines Laboratory in February. By July, it raised two billion dollars in the largest tour of history, giving the company a value of $ 12 billion, according to reports.

Anthropistic intelligence holds 5 billion dollars to raise $ 170 billion, approximately three times its evaluation in March. It is now possible that CEO Dario Amodei and its other six founders are local, according to the people familiar with the company.

Anysphere Its worth 9.9 billion dollars in donation in June, and only weeks later, an evaluation ranging from $ 18 billion to $ 20 billion was submitted, which is likely to make his 25 -year -old founder and executive, Michael Teroel, a billionaire.

It is recognized that most of the creation of the wealth of artificial intelligence in private companies, which makes it difficult for the holders of stocks and the founders to exchange them. Unlike the Dot-Com boom in the late 1990s, when a flood of companies was publicly exposed, startups from artificial intelligence can remain today, especially due to the continuous investment of investment capital boxes, sovereign wealth funds, family offices and other technological investors.

At the same time, the rapid growth of secondary markets allows stock owners to sell their shares to other investors and provide liquidity. High school sales or tender offers have become widely widespread. Many founders can also borrow against property rights.

Amnesty International Billionaire: Here is what to know

Open Ai holds talks on secondary shares to provide money to employees. that it The proposed evaluation From 500 billion dollars, the company’s donation collection follows in March, which provided a 300 billion dollars.

Dozens of private companies are obtained or combined, providing liquidity as well. After dead Invest 14.3 billion dollars Widely, the founder Alexander Wang joined the Meta’s Ai. There have been 73 liquidity event – including integration, acquisitions, public subscriptions, reverse mergers, or institutional majority classes – since 2023, according to CB Insights. In the wake of the Meta deal, Scale Ai, co -founder, Lucy Guo, who left the company in 2018, bought a palace at Hollywood Hills in Los Angeles for about $ 30 million.

However, Amnesty International is largely centered in the Gulf region, and reminds us of the Dot-Com. Last year, Silicon Valley companies raised more than 35 billion dollars from the project financing, according to the Silicon Valley Institute for Regional Studies. San Francisco now has more than billionaires from New York, 82 years compared to 66 in New York, according to New World Wilde, Henley and partners. The number of millionaire has doubled in the Gulf region over the past decade, compared to the growth of New York of 45 %.

More than 20 million dollars were sold in San Francisco last year more than any other year in history, according to Sotheby International Realty. High rents, house prices and demand in the city, in large part of which is attributed to artificial intelligence, celebrating a sharp city of a city facing the “cycle of destruction” just a few years ago.

“It is amazingly the extent of the focus of the wave of artificial intelligence geographically,” said McAfee, who is also participating in the Massachusetts Institute of Technology on the digital economy. “People who know how to find technology companies, finance them and develop there. I heard that people say for 25 years,” This is the end of the silicon valley “or another place is” the new silicon valley “. But the silicon valley is still the silicon valley.”

Get the wealth directly to your inbox

Over time, the initial public offers, many Amnesty International’s private fortunes will become more liquid, providing a historical opportunity for wealth management companies. All major private banks, wire houses, independent consultants and boutique companies reach the elite of artificial intelligence in the hope of winning their work, according to technology consultants.

Like a millionaires in Dot-Com, wealthy artificial intelligence may be difficult for traditional wealth management companies. Simon Krenski, Executive Director of Pathston and former administrative director of Hall Capital Partners in San Francisco, said most of the wealth of artificial intelligence are loved in private companies, and therefore cannot be converted into wealth management accounts.

“I would like to say that a much higher percentage of the final wealth that is created is not liquid,” he said. “There are ways to obtain liquidity, but they are small compared to employment in Meta or Google,” or another Megacab technology company publicly circulated.

Ultimately, these wealth will become liquid and liquid by wealth management companies. Krinski said that the wealthy of artificial intelligence is likely to follow the similar patterns of customers as newly wealthy snapshots in the 1990s. Initially, the employees used the liquidity point and excess assets to invest in similar technical companies they knew through their networks, colleagues or joint investors. He said the same is probably true for the wealthy artificial intelligence.

“Everyone turned and invested with their friends in the same type of company that created their own wealth,” he said.

After discovering risks, all their wealth concentrates in one manufacturer and a speculative, turned point employees into wealth management. And to return the newlyweds, many of their capital and skills were turned towards the invention of the wealth management industry in their image. For example, the founder of Netscape Jim Clarak helped the launch of MyCfo, a response to his hatred for bankers and industry.

Krinksy said that entrepreneurs from artificial intelligence today are likely to follow the same path, with a tremendous possibility until artificial intelligence is disrupted – if not replaced – many traditional functions of wealth management.

However, ultimately, the founders of the wealthy intelligence will discover the need for traditional and personal service that can only have customized wealth management teams that can only provide taxes, inheritance, real estate planning or charitable advice and building a portfolio.

“After people were beaten or bruised in the early first decade of the twentieth century, they came to an estimate of some degree of diversification and perhaps a professional director to protect them from themselves.” “I expect a similar trend with the artificial intelligence group.”



https://image.cnbcfm.com/api/v1/image/108182359-1754490596503-Untitled-5.jpg?v=1754490615&w=1920&h=1080

Source link

Leave a Comment