Jay Ritter

Reuters | Netscape IPO casts a shadow from 1995 over AI boom

With a $300 billion valuation, ChatGPT developer OpenAI towers over peak Netscape. The trailblazing web browser, however, looms large from Silicon Valley to Wall Street as the 30th anniversary of its world-shaking initial public offering approaches. Both the similarities and differences with the internet craze have created some worrisome conditions for today’s artificial intelligence mania.

Data from Jay Ritter informs this story from Reuters