CEO of one of America's biggest defense tech startup has message for OpenAI, Anthropic

Anduril CEO Brian Schimpf believes now is not the right time for an initial public offering. He noted that tech valuations are currently very high and potentially irrational. Modern conflicts increasingly target economic infrastructure and not just military assets. Schimpf also warned that many companies are dangerously overvalued. This trend could lead to significant negative consequences for these businesses.

By TOI TECH DESK