MANGO, the new acronym replacing FAANG

I recently stumbled upon the term MANGO as a replacement to FAANG. Perhaps I'm late to the party, but I thought I'd make mote of it.

What's the story? Wall Street has a new favourite acronym: MANGO: Microsoft, Anthropic, Nvidia, Google DeepMind, and OpenAI. It's the latest shorthand for the companies everyone wants to work at, invest in, and talk about.

Why it matters. Honestly, I'm not sure it does matter, but it can be a helpful way to remember some of the players in the AI space. Plus I had fun creating a Mango Bug image.

The catch. Nobody can quite agree on the lineup. I personally quite like how Meta didn't make the first cut, that must hurt Zuckerberg. The debate is still on whether it should be there. Some swap out Microsoft and Anthropic for Meta and Apple, the acronym is fuzzy at the edges, which perhaps says something about how fast this space is still moving.

The lingering question. FAANG companies were publicly traded behemoths with proven business models. OpenAI and Anthropic are not yet profitable. Whether MANGO endures as a term may depend on whether those companies can make the economics work. No one really knows!

Source: MANGO is the new FAANG