Tier 2: The unicorns in limbo (OpenAI, Anthropic, Scale AI) command massive valuations but face existential questions. Can they achieve returns that justify stratospheric valuations? Can they compete against both hyperscalers with infinite resources and substantially cheaper models coming in from overseas? The next 18 to 24 months will separate the winners and losers.Tier 1: The hyperscalers (Microsoft MSFT, Alphabet GOOGL GOOG, Amazon.com AMZN, Meta Platforms META, Apple AAPL) are essentially unassailable. ...