Mark Cuban in a recent interview answered your question: companies are afraid there is going to be just one in the end—sort of the way there is one ad-company now on the internet. They want to be that one.
Whether they're correct that there can be only one is of course a matter of debate. But that is at least the mind-set they are operating under according to Cuban.
That was all based on the assumption that scaling LLMs would lead to AGI. That didn't happen and won't, it can be proven for anyone capable of digging into the details of what models actually are and what they are doing (I recommend Chris Hay's videos).
It's becoming more obvious everyday to people. They'll realize that 1000x the cost for marginal improvements isn't worth it and the market will open up. It'll become more based on tooling and smaller more task-focused models instead of this crazy project to create a data center god to rule over humanity.
> sort of the way there is one ad-company now on the internet
Which one, Meta[0]?
0. https://www.reuters.com/business/media-telecom/meta-poised-s...
That kind of does make the point.
Why would Mark Cuban know anything about the motivations of today’s big tech companies? He has not been involved in tech businesses since he sold a radio on the internet website 26 years ago.
Those guys are all on the same private group chats.
Why would Mark Cuban be in those group chats?
He was never based in Silicon Valley, and the closest he got was selling a website to Yahoo in 1999. After that, he has mainly sold sports and his media personality for TV shows.
Moreover, why would leaders of trillion dollar big tech companies subject to myriad securities laws be discussing intimate business details with random people that have no domain expertise or influence?
I don't know why. You'll have to ask the chat group administrators. I'm just telling you how things actually work.
https://www.semafor.com/article/04/27/2025/the-group-chats-t...
I do not see the names of people in big tech business leadership positions, except maybe Andressen, if he counts. All the other ones look like media personalities or journalists or some two-bit SV founder.