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Altimeter’s Gerstner dismisses AI extinction warnings after $590 million chip bets

Verifying
  • Brad Gerstner rejected recent AI extinction warnings after Jacob Coxon resigned from Anthropic.
  • Altimeter invested approximately $347.9 million in Qualcomm and $241.8 million in Micron Technology.
  • Altimeter also holds private stakes in Anthropic, OpenAI, Glean and Databricks.
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