Bending Spoons' $18B IPO Reveals the Structural Shift Nobody in Big Tech Wants to Talk About

While OpenAI and Anthropic fight over who has the smartest model, Bending Spoons quietly built a machine that buys tired apps and lets AI rewrite the codebase and the growth loop. The market's 40 percent first day pop says investors think owning attention is now worth more than owning intelligence. That is an uncomfortable thought for every lab racing to raise at a trillion dollar valuation.