AI wealth boom sending San Francisco home prices surging: ‘It’s ridiculous’

Home prices in the San Francisco Bay Area’s already expensive market are skyrocketing as employees at leading artificial intelligence companies come into gargantuan sums of money thanks to a boom in initial public offerings . With San Francisco’s OpenAI and Anthropic , as well as SpaceX, which operates a major facility in the Los Angeles area, eyeing debuts on the stock market, the hot housing market may not abate soon. …