AlphaSense(@AlphaSenseInc):SpaceX's IPO reopened the mega-cap tech window, and Anthropic, Databricks and Stripe are the next names on the list. But the setup is more complicated than the headline suggests. 43% of H1 2026 venture capital went to just two companies. Frontier labs are burning billions but growing rapidly. Physical AI is drawing capital fast, but full-scale deployment is still years away. HBM and optical networking are already sold out through 2028. Michelle Brophy and Sean Carmichael from AlphaSense break down the mega-cap tech IPO landscape alongside Sacra's Marcelo Ballvé and Capital Allocators' Ted Seides. ⬇️

2026.08.31 12:03

SpaceX's IPO reopened the mega-cap tech window, and Anthropic, Databricks and Stripe are the next names on the list. But the setup is more complicated than the headline suggests. 43% of H1 2026 venture capital went to just two companies. Frontier labs are burning billions but growing rapidly. Physical AI is drawing capital fast, but full-scale deployment is still years away. HBM and optical networking are already sold out through 2028. Michelle Brophy and Sean Carmichael from AlphaSense break down the mega-cap tech IPO landscape alongside Sacra's Marcelo Ballvé and Capital Allocators' Ted Seides. ⬇️