Some upcoming initial public offerings are likely to raise Bay Area home prices. According to home tracker Redfin, current employees of OpenAI and Anthropic could buy nearly one-third of all the homes in San Francisco with the giant artificial intelligence companies likely to sell stock to the pu blic soon. It is a staggering statistic that show both how much money AI companies are likely to pull in by going public and how tech stock affects the region’s housing market. Business and tech reporter Scott Budman takes a closer look in the video above. San Francisco Jul 7 San Francisco rent tops $4,000 amid AI hiring boom and Bay Area housing shortage Apple Inc. 10 hours ago Apple files lawsuit accusing ChatGPT maker OpenAI of stealing trade secrets ...read more read less