Are we inching closer to an OpenAI IPO? ...Middle East

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Good morning. Allie here, filling in for the inimitable Andrew Nusca.

I’m back home in Los Angeles, still processing last week’s awesomeness that was Brainstorm Tech 2025. I interviewed Wyclef Jean and Jaeson Ma about the music business (huge for this Miami girl), talked with defense tech experts from companies like Anduril and Vannevar Labs, asked Oura CEO Tom Hale about data privacy, and grilled about ten different VCs on AI.

Of course, these days, what conversation isn’t an AI conversation? One question I’ve had recently: Will we see a trillion-dollar AI startup soon? The answer I got, both on the record and in casual conversations, was a resounding yes. Is that a good thing? I’m not sure. But one thing is clear: The AI boom is in full throttle, may get even faster, and for the foreseeable future, AI will still be conversation topic number one at tech conferences. (It will definitely be the case at our own Brainstorm AI in San Francisco, where I’ll be Dec. 8-9. Come hang out!)

And with that, today’s news.

—Allie Garfinkle

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This story was originally featured on Fortune.com

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