Bloomberg, via IT Home, says DAMAC founder has made billions on OpenAI, SpaceX and Anthropic

IT Home, citing Bloomberg, reported that DAMAC founder Hussain Sajwani said investments in OpenAI, SpaceX and Anthropic have generated billions of dollars for him. Speaking at the Bloomberg Dubai investment forum, he said AI will continue to create revenue, though he warned that valuations could still correct. The report also said Anthropic’s IPO has drawn several times oversubscription, underscoring strong market enthusiasm for what could become one of the largest listings on record.