PANews reported on November 17th that at the Cerebral Valley Summit in San Francisco, over 300 attendees participated in an anonymous survey, revealing diverse opinions within the industry regarding the future development of AI. Regarding OpenAI's annualized revenue forecast, industry insiders believe it will reach $30 billion by the end of 2026, with NVIDIA's market capitalization reaching $6 trillion, but the growth rate may not be as rapid as previously anticipated. Furthermore, the independent committee report from OpenAI and Microsoft on whether AGI (Artificial General Intelligence) has been achieved may not be released until 2030 at the earliest. Although OpenAI is expected to continue dominating the LMARaena rankings in 2026, more attendees indicated a preference for investing in Anthropic over OpenAI. Additionally, Perplexity is considered one of the most controversial startups and is among the most sought-after targets for short selling in the industry. The conference also discussed the trend of reverse takeovers in the AI field, including deals such as Meta and ScaleAI, and Google and Character. Participants pointed out that large tech companies are accelerating such acquisitions due to antitrust scrutiny and competition for limited talent, and are willing to invest heavily to maintain a competitive edge. Industry insiders believe that these deals are more about competing for top talent than simply integrating technology.PANews reported on November 17th that at the Cerebral Valley Summit in San Francisco, over 300 attendees participated in an anonymous survey, revealing diverse opinions within the industry regarding the future development of AI. Regarding OpenAI's annualized revenue forecast, industry insiders believe it will reach $30 billion by the end of 2026, with NVIDIA's market capitalization reaching $6 trillion, but the growth rate may not be as rapid as previously anticipated. Furthermore, the independent committee report from OpenAI and Microsoft on whether AGI (Artificial General Intelligence) has been achieved may not be released until 2030 at the earliest. Although OpenAI is expected to continue dominating the LMARaena rankings in 2026, more attendees indicated a preference for investing in Anthropic over OpenAI. Additionally, Perplexity is considered one of the most controversial startups and is among the most sought-after targets for short selling in the industry. The conference also discussed the trend of reverse takeovers in the AI field, including deals such as Meta and ScaleAI, and Google and Character. Participants pointed out that large tech companies are accelerating such acquisitions due to antitrust scrutiny and competition for limited talent, and are willing to invest heavily to maintain a competitive edge. Industry insiders believe that these deals are more about competing for top talent than simply integrating technology.

Report: Nvidia's market capitalization may reach $6 trillion by 2026; Perplexity is viewed with a bearish outlook.

2025/11/17 17:05

PANews reported on November 17th that at the Cerebral Valley Summit in San Francisco, over 300 attendees participated in an anonymous survey, revealing diverse opinions within the industry regarding the future development of AI. Regarding OpenAI's annualized revenue forecast, industry insiders believe it will reach $30 billion by the end of 2026, with NVIDIA's market capitalization reaching $6 trillion, but the growth rate may not be as rapid as previously anticipated.

Furthermore, the independent committee report from OpenAI and Microsoft on whether AGI (Artificial General Intelligence) has been achieved may not be released until 2030 at the earliest. Although OpenAI is expected to continue dominating the LMARaena rankings in 2026, more attendees indicated a preference for investing in Anthropic over OpenAI. Additionally, Perplexity is considered one of the most controversial startups and is among the most sought-after targets for short selling in the industry.

The conference also discussed the trend of reverse takeovers in the AI field, including deals such as Meta and ScaleAI, and Google and Character. Participants pointed out that large tech companies are accelerating such acquisitions due to antitrust scrutiny and competition for limited talent, and are willing to invest heavily to maintain a competitive edge. Industry insiders believe that these deals are more about competing for top talent than simply integrating technology.

Market Opportunity
SUMMIT Logo
SUMMIT Price(SUMMIT)
$0.0000222
$0.0000222$0.0000222
+0.90%
USD
SUMMIT (SUMMIT) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Sunmi Cuts Clutter and Boosts Speed with New All-in-One Mobile Terminal & Scanner-Printer

Sunmi Cuts Clutter and Boosts Speed with New All-in-One Mobile Terminal & Scanner-Printer

SINGAPORE, Jan. 16, 2026 /PRNewswire/ — Business Challenge: Stores today face dual pressures: the need for faster, more flexible customer service beyond fixed counters
Share
AI Journal2026/01/16 20:31
Cloud mining is gaining popularity around the world. LgMining’s efficient cloud mining platform helps you easily deploy digital assets and lead a new wave of crypto wealth.

Cloud mining is gaining popularity around the world. LgMining’s efficient cloud mining platform helps you easily deploy digital assets and lead a new wave of crypto wealth.

The post Cloud mining is gaining popularity around the world. LgMining’s efficient cloud mining platform helps you easily deploy digital assets and lead a new wave of crypto wealth. appeared on BitcoinEthereumNews.com. SPONSORED POST* As the cryptocurrency market continues its recovery, Ethereum has once again become the center of attention for investors. Recently, the well-known crypto mining platform LgMining predicted that Ethereum may surpass its previous all-time high and surge past $5,000. In light of this rare market opportunity, choosing a high-efficiency, secure, and low-cost mining platform has become the top priority for many investors. With its cutting-edge hardware, intelligent technology, and low-cost renewable energy advantages, LgMining Cloud Mining is rapidly emerging as a leader in the cloud mining industry. Ethereum: The Driving Force of the Crypto Market Ethereum is not only the second-largest cryptocurrency by market capitalization but also the backbone of the blockchain smart contract ecosystem. From DeFi (Decentralized Finance) to NFTs (Non-Fungible Tokens) and the broader Web3.0 infrastructure, most innovations are built on Ethereum. This widespread utility gives Ethereum tremendous growth potential. With the upcoming scalability upgrades, the Ethereum network is expected to offer improved performance and transaction speed—likely triggering a fresh wave of market enthusiasm. According to the LgMining research team, Ethereum’s share among institutional and retail investors continues to grow. Combined with shifting monetary policies and global economic uncertainties, Ethereum is expected to break past its previous high of over $4,000 and aim for $5,000 or more in the coming months. LgMining Cloud Mining: Unlocking a Low-Barrier Path to Wealth Traditional crypto mining often requires expensive mining rigs, stable electricity, and complex maintenance—making it inaccessible for the average person. LgMining Cloud Mining breaks down these barriers, allowing anyone to easily participate in mining Ethereum and Bitcoin without owning hardware. LgMining builds its robust and efficient mining infrastructure around three core advantages: 1. High-End Equipment LgMining uses top-tier mining hardware with exceptional computing power and reliability. The platform’s ASIC and GPU miners are carefully selected and tested to…
Share
BitcoinEthereumNews2025/09/18 03:04
State Street Corporation (NYSE: STT) Reports Fourth-Quarter and Full-Year 2025 Financial Results

State Street Corporation (NYSE: STT) Reports Fourth-Quarter and Full-Year 2025 Financial Results

BOSTON–(BUSINESS WIRE)–State Street Corporation (NYSE: STT) reported its fourth-quarter and full-year 2025 financial results today. The news release, presentation
Share
AI Journal2026/01/16 20:46