Stripe Declares "Singularity" Has Begun, Uses It to Justify Delaying IPO
The Decoder · rss · 2026-08-20
In a letter to investors, Stripe declared January 1 the "beginning of the singularity" and used it as a rationale to stay private. Despite this, revenue grew 41% in the first half of the year, and the company confirmed its $8 billion acquisition of OpenRouter. The article notes that declaring the singularity has become a trend, with figures like Hassabis, Altman, and Musk making similar claims.
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