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America’s Cosmic Bet on AI
['Graham Allison', 'Bhaskar Chakravorti', 'Fp Contributors', 'Christian Caryl', 'Bret Devereaux', 'Peter Frankopan', 'Alexandra De Hoop Scheffer', 'Odd Arne Westad', 'Suzanne Nossel', 'Hal Brands']
Foreign Policy
AI companies made up more than 40 percent of the value of U.S. equity markets before SpaceX went public in June .
AI companies made up more than 40 percent of the value of U.S. equity markets before SpaceX went public in June.
Indeed, of all the S&P 500’s gains in 2026, 85 percent have come from AI companies.
First, AI companies are chasing what they believe will be the biggest-ever pot of gold at the end of the rainbow.
Yet they are releasing models that rival the performance of those produced by the United States’ AI leaders.