It wasn't long ago that there was plenty of talk of an AI bubble. I'm wondering if a backdoor government bailout of AI isn't on the agenda for Musk et al.
For Scale AI at least. My armchair assessment is that Alexander Wang and Scale AI don't have a venture scale business yet has a $13.8 billion valuation to live up to. I think Wang knows this and so he's pivoting to defense where the outcomes will be squishy to non-existent and the contracts are guaranteed.