Unicorn Valuation Reached After Founder Merely Thinks About AI Startup

In a groundbreaking moment for irrational exuberance, famed tech founder Roger Wankleman's new venture has reached a $1.2 billion valuation, despite not having a name, product, website, or any concrete idea beyond “something with AI.”
Wankleman, best known for disrupting the paperclip industry with blockchain in 2017, told your correspondent:
“I was at the pub, half a pint in, and said ‘I might start something with AI.’ Next morning, there’s a line of VCs outside my office throwing term sheets like confetti.”
Sources confirm Wankleman has not committed to any specific industry, technology, or business model, but he did nod solemnly when someone said “foundation models.” That alone was enough to spark the bidding war.
At the time of writing, the startup, tentatively referred to as “W-AI” has hired a head of vibes, secured a loft space with exposed brick, and launched a waitlist for a product no one can describe.