'Can That Be Sustainable?' Says DeepMind CEO Demis Hassabis As Startups With No Revenues Raise Tens Of Billions

'Can That Be Sustainable?' Says DeepMind CEO Demis Hassab... Money is pouring into artificial intelligence startups even when little more than a pitch deck exists. The surge is raising questions about how companies without revenue are reaching multibillion-dollar valuations, including from Google DeepMind co-founder and CEO Demis Hassabis. "They're raising at... Money is pouring into artificial intelligence startups even when little more than a pitch deck exists. The surge is raising questions about how companies without revenue are reaching multibillion-dollar valuations, including from Google DeepMind co-founder and CEO Demis Hassabis. "They're raising at tens of billions of dollars in valuations just out of the gate," Hassabis said on a recent episode of "Google DeepMind: The Podcast," pointing to AI startups with limited traction as evidence that so Market Context Stock market movements reflect investor sentiment, corporate earnings, and macroeconomic conditions. Investors should conduct thorough research and consider long-term fundamentals when making investment decisions. Key Takeaways Analyze company fundamentals and market trends for informed decisions Stay informed about economic indicators and central bank policies Maintain diversification across sectors and asset classes Published: January 1, 2026 | Source: Yahoo Finance