MSFT alone is 4T and is probably at least 75% income-from-software.
If either of AI companies "solves software" (does not look improbable rn) ahead of all others, that would defend ~3T valuation right away.
And that's just software.
If either of AI companies "solves software" (does not look improbable rn) ahead of all others, that would defend ~3T valuation right away.
And that's just software.
2) Even if does, Chinese open models are very close in capabilities.