The tech industry's shorthand for power is getting an update. As SpaceX, Anthropic, and OpenAI eye massive public market debuts, a new acronym — MANGOS — is emerging to replace the decade-old FAANG. The shift signals that AI and deep tech companies are becoming the new dominant forces in capital markets, displacing the platform and consumer internet era's giants.
TechCrunch highlights a pointed comment from Box CEO Aaron Levie, who says CEOs are uniquely prone to “AI psychosis.” The piece frames this as a possible explanation for executives’ near-religious belief in AI-driven productivity gains. It does not present a product launch, model update, or research finding, but instead functions as a brief commentary on executive AI hype.