OpenAI, Anthropic Employees Could Buy Nearly One-Third of All Homes in San Francisco With IPO Earnings

OpenAI, Anthropic Employees Could Buy Nearly One-Third of All Homes in San Francisco With IPO Earnings

OpenAI and Anthropic employees hold ~$198B post-tax equity from upcoming IPOs, enough to buy 29% of all San Francisco homes. Signals unprecedented wealth concentration in AI, inflating Bay Area real estate and intensifying tech talent recruitment via equity packages.