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Stripe declares we're living in the singularity and uses it as a reason not to IPO

Stripe declares we're living in the singularity and uses it as a reason not to IPO

In a letter to investors, Stripe declares January 1 the "beginning of the singularity" and uses that as a reason to stay private. Not that it needs one: revenue grew 41 percent in the first half of the year, and the company confirmed its $8 billion-plus acquisition of OpenRouter. Declaring the singularity is in vogue right now. Hassabis, Altman, and Musk all say it's already here. The article…

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