Published on April 13, 2026
For years, public markets have witnessed steady growth, driven . Confidence in traditional investments reigned as companies like Apple and Amazon continued to thrive. Investors felt secure in their choices, unaware of a seismic shift in the tech landscape.
The rise of artificial intelligence has created a new wave of innovation, with companies like SpaceX, Anthropic, and OpenAI leading the charge. Peter Singlehurst, head of private companies at Baillie Gifford, argues that public investors are missing crucial opportunities as these high-valuation firms prepare for initial public offerings.
During a recent segment on “Bloomberg Tech,” Singlehurst outlined the disparity between private and public market growth. He highlighted that many transformative advancements in AI are hidden from public investors, who may not fully grasp the potential ahead of these forthcoming IPOs.
The consequences are significant. As private companies advance rapidly, public investors may continue to lag, missing out on a crucial sector poised for explosive growth. The disparity could reshape investment strategies and signify a major shift in how capital flows within the technology sector.