It isn’t. 6G will be the telecommunication system for the AI age—for all the data passing between us, AI agents, and the real world, where phones will only be one part of the digital ecology. The internet of everything is finally arriving.
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Investors have bought in. Pigment has raised nearly $400 million to date and crossed a $1 billion valuation in 2024, with backers including ICONIQ Growth, Meritech, IVP, Greenoaks, Blossom, and Sheryl Sandberg’s fund. But Crespo insists she’s in no rush to add more capital—or to go public. “IPO for us would be way, way down the line,” she said.