--- title: Syz The Moment | Alternatives description: Alternatives | Syz The Moment --- [![Syz Private banking](https://blog.syzgroup.com/hs-fs/hubfs/Logo.png?width=140&name=Logo.png "Syz Private banking")](https://www.syzgroup.com/fr) ## **Thinking** out loud [Subscribe](https://25733253.hs-sites-eu1.com/newsletter-signup?hsLang=en) [![Contact Us](https://hubspot-no-cache-eu1-prod.s3.amazonaws.com/cta/default/25733253/3d762f49-4e71-4f99-97b1-bf6781ef3da2.png)](https://hubspot-cta-redirect-eu1-prod.s3.amazonaws.com/cta/redirect/25733253/3d762f49-4e71-4f99-97b1-bf6781ef3da2) - [OUR SERVICES](https://www.syzgroup.com/en/private-banking) - [ABOUT SYZ](https://www.syzgroup.com/en/about/welcome-to-syz) - [CAREERS](https://www.syzgroup.com/en/careers) - [PRESS](https://www.syzgroup.com/en/news) - [Blog Homepage](https://blog.syzgroup.com) - [Slow Food for Thought](https://blog.syzgroup.com/slow-food-for-thought) - [Focus](https://blog.syzgroup.com/slow-food-for-thoughts/tag/focus) - [Asset allocations Insights](https://blog.syzgroup.com/slow-food-for-thoughts/tag/asset-allocation-insights) - [Market Outlook](https://blog.syzgroup.com/slow-food-for-thoughts/tag/market-outlook) - [Swiss Perspectives](https://blog.syzgroup.com/slow-food-for-thoughts/tag/swiss-perspectives) - [Syz the moment](https://blog.syzgroup.com/syz-the-moment) - [Crypto corner](https://blog.syzgroup.com/crypto-corner) - [Syz AI Insights](https://blog.syzgroup.com/syz-ai-insights) - [Fast Food for Thought](https://blog.syzgroup.com/fast-food-for-thought) - [The week in seven charts](https://blog.syzgroup.com/fast-food-for-thoughts/tag/the-week-in-seven-charts) - [Flash](https://blog.syzgroup.com/fast-food-for-thoughts/tag/flash) - [Fixed Income Weekly](https://blog.syzgroup.com/fast-food-for-thought/tag/weekly-fixed-income) - [Equity Weekly](https://blog.syzgroup.com/fast-food-for-thought/tag/weekly-equities) - [Global markets outlook](https://blog.syzgroup.com/fast-food-for-thoughts/tag/global-markets-outlook) - [CONTACT](https://www.syzgroup.com/en/contact-us/form) - [ENGLISH](https://www.syzgroup.com/) - [FRANÇAIS](https://www.syzgroup.com/fr) - [Slow Food for Thought](https://blog.syzgroup.com/slow-food-for-thought) - [Focus](https://blog.syzgroup.com/slow-food-for-thoughts/tag/focus) - [Asset allocations Insights](https://blog.syzgroup.com/slow-food-for-thoughts/tag/asset-allocation-insights) - [Market Outlook](https://blog.syzgroup.com/slow-food-for-thoughts/tag/market-outlook) - [Swiss Perspectives](https://blog.syzgroup.com/slow-food-for-thoughts/tag/swiss-perspectives) - [Fast Food for Thought](https://blog.syzgroup.com/fast-food-for-thought) - [Flash](https://blog.syzgroup.com/fast-food-for-thoughts/tag/flash) - [Weekly Fixed Income](https://blog.syzgroup.com/fast-food-for-thought/tag/weekly-fixed-income) - [The week in seven charts](https://blog.syzgroup.com/slow-food-for-thoughts/tag/the-week-in-seven-charts) - [Global markets outlook](https://blog.syzgroup.com/fast-food-for-thoughts/tag/global-markets-outlook) - [Weekly Equities](https://blog.syzgroup.com/fast-food-for-thought/tag/weekly-equities) - [Syz the moment](https://blog.syzgroup.com/syz-the-moment) - [Crypto corner](https://blog.syzgroup.com/crypto-corner) - [Syz AI Insights](https://blog.syzgroup.com/syz-ai-insights) - [Our Services](https://www.syzgroup.com/en/private-banking) - [About Syz](https://www.syzgroup.com/en/about/welcome-to-syz) - [Careers](https://www.syzgroup.com/en/careers) - [Press](https://www.syzgroup.com/en/news) - [Contact](https://www.syzgroup.com/en/contact-us/form) - [English](https://www.syzgroup.com/) - [Français](https://www.syzgroup.com/fr) ## **Sign-up** for our newsletter This website uses cookies to enhance user navigation and to collect statistical data. 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Bank Syz Ltd. accepts no liability for any loss arising from the use of this document. ## Straight from the Desk # **Syz** the moment Live feeds, charts, breaking stories, all day long. - [All](https://blog.syzgroup.com/syz-the-moment) - [equities](https://blog.syzgroup.com/syz-the-moment/tag/equities) - [United States](https://blog.syzgroup.com/syz-the-moment/tag/united-states) - [Macroeconomics](https://blog.syzgroup.com/syz-the-moment/tag/macroeconomics) - [Food for Thought](https://blog.syzgroup.com/syz-the-moment/tag/food-for-thought) - [markets](https://blog.syzgroup.com/syz-the-moment/tag/markets) - [Central banks](https://blog.syzgroup.com/syz-the-moment/tag/central-banks) - [bitcoin](https://blog.syzgroup.com/syz-the-moment/tag/bitcoin) - [Fixed Income](https://blog.syzgroup.com/syz-the-moment/tag/fixed-income) - [geopolitics](https://blog.syzgroup.com/syz-the-moment/tag/geopolitics) - [AI](https://blog.syzgroup.com/syz-the-moment/tag/ai) - [europe](https://blog.syzgroup.com/syz-the-moment/tag/europe) - [Asia](https://blog.syzgroup.com/syz-the-moment/tag/asia) - [gold](https://blog.syzgroup.com/syz-the-moment/tag/gold) - [Commodities](https://blog.syzgroup.com/syz-the-moment/tag/commodities) - [investing](https://blog.syzgroup.com/syz-the-moment/tag/investing) - [Technology](https://blog.syzgroup.com/syz-the-moment/tag/technology) - [Crypto](https://blog.syzgroup.com/syz-the-moment/tag/crypto) - [technical analysis](https://blog.syzgroup.com/syz-the-moment/tag/technical-analysis) - [nvidia](https://blog.syzgroup.com/syz-the-moment/tag/nvidia) - [oil](https://blog.syzgroup.com/syz-the-moment/tag/oil) - [china](https://blog.syzgroup.com/syz-the-moment/tag/china) - [earnings](https://blog.syzgroup.com/syz-the-moment/tag/earnings) - [ETF](https://blog.syzgroup.com/syz-the-moment/tag/etf) - [Forex](https://blog.syzgroup.com/syz-the-moment/tag/forex) - [energy](https://blog.syzgroup.com/syz-the-moment/tag/energy) - [banking](https://blog.syzgroup.com/syz-the-moment/tag/banking) - [magnificent-7](https://blog.syzgroup.com/syz-the-moment/tag/magnificent-7) - [Alternatives](https://blog.syzgroup.com/syz-the-moment/tag/alternatives) - [Volatility](https://blog.syzgroup.com/syz-the-moment/tag/volatility) - [Real Estate](https://blog.syzgroup.com/syz-the-moment/tag/real-estate) - [apple](https://blog.syzgroup.com/syz-the-moment/tag/apple) - [emerging-markets](https://blog.syzgroup.com/syz-the-moment/tag/emerging-markets) - [google](https://blog.syzgroup.com/syz-the-moment/tag/google) - [Middle East](https://blog.syzgroup.com/syz-the-moment/tag/middle-east) - [switzerland](https://blog.syzgroup.com/syz-the-moment/tag/switzerland) - [tesla](https://blog.syzgroup.com/syz-the-moment/tag/tesla) - [United Kingdom](https://blog.syzgroup.com/syz-the-moment/tag/united-kingdom) - [amazon](https://blog.syzgroup.com/syz-the-moment/tag/amazon) - [microsoft](https://blog.syzgroup.com/syz-the-moment/tag/microsoft) - [assetmanagement](https://blog.syzgroup.com/syz-the-moment/tag/assetmanagement) - [ethereum](https://blog.syzgroup.com/syz-the-moment/tag/ethereum) - [meta](https://blog.syzgroup.com/syz-the-moment/tag/meta) - [russia](https://blog.syzgroup.com/syz-the-moment/tag/russia) - [Industrial-production](https://blog.syzgroup.com/syz-the-moment/tag/industrial-production) - [Healthcare](https://blog.syzgroup.com/syz-the-moment/tag/healthcare) - [ESG](https://blog.syzgroup.com/syz-the-moment/tag/esg) - [inflation](https://blog.syzgroup.com/syz-the-moment/tag/inflation) - [Global Markets Outlook](https://blog.syzgroup.com/syz-the-moment/tag/global-markets-outlook) - [Turkey](https://blog.syzgroup.com/syz-the-moment/tag/turkey) - [bankruptcy](https://blog.syzgroup.com/syz-the-moment/tag/bankruptcy) - [brics](https://blog.syzgroup.com/syz-the-moment/tag/brics) - [Market Outlook](https://blog.syzgroup.com/syz-the-moment/tag/market-outlook) - [performance](https://blog.syzgroup.com/syz-the-moment/tag/performance) - [africa](https://blog.syzgroup.com/syz-the-moment/tag/africa) - [LLM](https://blog.syzgroup.com/syz-the-moment/tag/llm) - [Global](https://blog.syzgroup.com/syz-the-moment/tag/global) - [Market News](https://blog.syzgroup.com/syz-the-moment/tag/market-news) - [Weekly Equities](https://blog.syzgroup.com/syz-the-moment/tag/weekly-equities) Show more 23 Oct 2026 - - - #### OpenAI has cut its valuation target for its latest funding round after facing resistance on a $1.4tn price tag from some investors, as it pushes to raise $30bn before going public next year. The ChatGPT maker is in the final stages of a deal which is expected to value the company at $1.25tn, according to people with knowledge of the matter. That would be a jump of almost 50 per cent from its current $852bn valuation, but is lower than the price pitched to investors earlier this month, according to people familiar with the matter. The lower valuation target comes as US tech stocks have sold off sharply, due to intensifying concerns about the sustainability of the debt-fuelled AI infrastructure boom. Morgan Stanley and San Francisco-based tech fund Dragoneer had floated OpenAI to the bank’s private wealth clients at a pre-money valuation of $1.4tn, according to documents seen by the FT. The San Francisco-based AI company is raising up to $30 billion at a $1.25 trillion valuation. Investors from the United Arab Emirates are leading the round alongside Coatue, according to people familiar with the deal. OpenAI told investors Thursday that it aims to secure signatures by the end of next week. The final size of the round is still being determined, the people said. The financing is being positioned as an “opportunistic” bridge ahead of a potential IPO, the people said. An OpenAI listing will likely come in 2027, CFO Sarah Friar has told employees. Alongside the new investment, OpenAI is negotiating a commercial deal that would secure more computing capacity from the UAE, according to one person. The arrangement could help OpenAI secure additional computing power as it expands its AI business. Source: CNBC, FT [#Alternatives](https://blog.syzgroup.com/syz-the-moment/tag/alternatives) ![OpenAI has cut its valuation target for its latest funding round after facing resistance on a $1.4tn price tag from some investors, as it pushes to raise $30bn before going public next year.](https://blog.syzgroup.com/hubfs/1792702690902.jpg) ![OpenAI has cut its valuation target for its latest funding round after facing resistance on a $1.4tn price tag from some investors, as it pushes to raise $30bn before going public next year.](https://blog.syzgroup.com/hubfs/1792702690902.jpg) 21 Oct 2026 - - - #### OpenAI's latest fundraising from SoftBank and MGX may be bad news OpenAI's latest fundraising \[$30BN (at $1.4TN) from SoftBank and MGX\] may be bad news for SoftBank but it helped anchor the company's valuation Odds OpenAI valuation hits $1.25TN by Dec 31 spike from 65% to 85%. Source: zerohedge @zerohedge Polymarket [#AI|](https://blog.syzgroup.com/syz-the-moment/tag/ai) [#Alternatives](https://blog.syzgroup.com/syz-the-moment/tag/alternatives) ![OpenAI's latest fundraising from SoftBank and MGX may be bad news](https://blog.syzgroup.com/hubfs/1792527716346.jpg) ![OpenAI's latest fundraising from SoftBank and MGX may be bad news](https://blog.syzgroup.com/hubfs/1792527716346.jpg) 15 Oct 2026 - - - #### One reason for the skepticism: Anthropic token prices have tumbled to all time low Source: Zerohedge [#AI|](https://blog.syzgroup.com/syz-the-moment/tag/ai) [#Alternatives](https://blog.syzgroup.com/syz-the-moment/tag/alternatives) ![One reason for the skepticism: Anthropic token prices have tumbled to all time low](https://blog.syzgroup.com/hubfs/1792007120573.jpg) ![One reason for the skepticism: Anthropic token prices have tumbled to all time low](https://blog.syzgroup.com/hubfs/1792007120573.jpg) 15 Oct 2026 - - - #### An equal-weight basket of the six big publicly traded PE firms is now down 45% from highs. That's worse than its 2022 bear market drop and similar to its COVID crash. $APO $ARES $BX $CG $KKR $OWL Source: Bespoke [#Food for Thought|](https://blog.syzgroup.com/syz-the-moment/tag/food-for-thought) [#Alternatives](https://blog.syzgroup.com/syz-the-moment/tag/alternatives) ![An equal-weight basket of the six big publicly traded PE firms is now down 45% from highs. That's worse than its 2022 bear market drop and similar to its COVID crash.](https://blog.syzgroup.com/hubfs/1792039782075.jpg) ![An equal-weight basket of the six big publicly traded PE firms is now down 45% from highs. That's worse than its 2022 bear market drop and similar to its COVID crash.](https://blog.syzgroup.com/hubfs/1792039782075.jpg) 9 Oct 2026 - - - #### Masayoshi Son is seeking up to $100 BILLION from Gulf investors for his next AI bet. After investing $65bn in OpenAI, the SoftBank founder reportedly wants a fund to buy companies and transform their operations using AI and robotics. The ambition is enormous. So are the financing stakes. SoftBank shares have fallen more than 30% from their June peak. OpenAI’s delayed IPO could complicate further investment plans. SoftBank recently raised over $11bn through a record junk bond offering, paying yields as high as 9.75%. Gulf backing could provide fresh firepower—but talks offer no guarantee of a deal. Son has delivered spectacular wins, including Alibaba, and costly failures, including WeWork. The question now: can AI transform acquired businesses fast enough to justify the capital—and debt—behind the vision? Source: FT [#AI|](https://blog.syzgroup.com/syz-the-moment/tag/ai) [#Alternatives](https://blog.syzgroup.com/syz-the-moment/tag/alternatives) ![Masayoshi Son is seeking up to $100 BILLION from Gulf investors for his next AI bet.](https://blog.syzgroup.com/hubfs/1791526598238.jpg) ![Masayoshi Son is seeking up to $100 BILLION from Gulf investors for his next AI bet.](https://blog.syzgroup.com/hubfs/1791526598238.jpg) 7 Oct 2026 - - - #### Cathie Wood’s ARK Venture Fund has a $69 MILLION bet on OpenAI, with 8.6% of its portfolio tied to the AI giant. That’s the HIGHEST portfolio concentration among major public funds tracked by Bloomberg Intelligence. Fidelity has more dollars at stake, with Contrafund holding an estimated $408 MILLION, but that represents just 0.2% of the fund. OpenAI was last valued at $852 BILLION and is reportedly discussing a new round near $1.4 TRILLION. Source: Coin Bureau [#AI|](https://blog.syzgroup.com/syz-the-moment/tag/ai) [#Alternatives](https://blog.syzgroup.com/syz-the-moment/tag/alternatives) ![Cathie Wood’s ARK Venture Fund has a $69 MILLION bet on OpenAI, with 8.6% of its portfolio tied to the AI giant.](https://blog.syzgroup.com/hubfs/1791381653827.jpg) ![Cathie Wood’s ARK Venture Fund has a $69 MILLION bet on OpenAI, with 8.6% of its portfolio tied to the AI giant.](https://blog.syzgroup.com/hubfs/1791381653827.jpg) 2 Oct 2026 - - - #### Anthropic might IPO before Thanksgiving, according to Bloomberg. Source: Yahoo Finance [#AI|](https://blog.syzgroup.com/syz-the-moment/tag/ai) [#Alternatives](https://blog.syzgroup.com/syz-the-moment/tag/alternatives) ![Anthropic might IPO before Thanksgiving, according to Bloomberg.](https://blog.syzgroup.com/hubfs/1790889938108.jpg) ![Anthropic might IPO before Thanksgiving, according to Bloomberg.](https://blog.syzgroup.com/hubfs/1790889938108.jpg) 2 Oct 2026 - - - #### Anthropic at $2 trillion: outrageous or a bet on extraordinary growth? Its reportedly leaked IPO prospectus tells two stories. Its reportedly leaked IPO prospectus tells two stories. First, the spending: an $8 billion operating loss in 2025 and more than $500 billion in future commitments, reportedly 80% non-cancelable. Then, the growth: ▪️ 2025 revenue: $4.6 billion ▪️ July 2026 annualized run rate: $65 billion ▪️ 2028 revenue forecast: $200 billion At a $2 trillion valuation, that means: 435x 2025 sales 31x July’s annualized run rate 10x projected 2028 sales But a run rate isn’t annual revenue. And a forecast isn’t a result. Was July repeatable or boosted by unusually large deals? Two customers reportedly generated a quarter of 2025 revenue, without long-term commitments. The valuation looks more digestible with every projection. The challenge is turning those projections into revenue. Source: Dan Runkevicius [#AI|](https://blog.syzgroup.com/syz-the-moment/tag/ai) [#Alternatives](https://blog.syzgroup.com/syz-the-moment/tag/alternatives) ![Anthropic at $2 trillion: outrageous or a bet on extraordinary growth? Its reportedly leaked IPO prospectus tells two stories.](https://blog.syzgroup.com/hubfs/1790922385331.jpg) ![Anthropic at $2 trillion: outrageous or a bet on extraordinary growth? Its reportedly leaked IPO prospectus tells two stories.](https://blog.syzgroup.com/hubfs/1790922385331.jpg) [1](https://blog.syzgroup.com/syz-the-moment/tag/alternatives/page/1) [2](https://blog.syzgroup.com/syz-the-moment/tag/alternatives/page/2) [3](https://blog.syzgroup.com/syz-the-moment/tag/alternatives/page/3) [4](https://blog.syzgroup.com/syz-the-moment/tag/alternatives/page/4) [5](https://blog.syzgroup.com/syz-the-moment/tag/alternatives/page/5) [❯](https://blog.syzgroup.com/syz-the-moment/tag/alternatives/page/2) [❯❯](https://blog.syzgroup.com/syz-the-moment/tag/14?hsLang=en) ## **Thinking** out loud Sign up for our weekly email highlighting the most popular posts. 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