Business Insider
US · 42 mins ago
✦ 72◉ Centre
AI millionaires are already blowing up San Francisco real estate prices. Wait until the IPOs show up.
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◉ Centre ✗ Clickbait headline
AI wealth from successful startups and anticipated future IPOs is driving rapid increases in San Francisco real estate prices, with analysts speculating further price surges if major companies like Anthropic and OpenAI go public.
AI millionaires are already blowing up San Francisco real estate prices. Wait until the IPOs show up.
The San Francisco area's real estate market is on fire. Newly minted AI millionaires are splashing out — and there's a lot more where those came from.
picture alliance/dpa/picture alliance via Getty Images
San Francisco real estate has been very expensive for a very long time.
But AI money is pushing San Francisco housing prices way, way up.
And this is just a prelude: What happens when Anthropic and OpenAI go public, and even more money shows up?
News item: Last fall, more than 600 OpenAI emp
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