Not that I believe it's likely to happen, but it seems incredibly fucking dangerous for there to be an ASI race with one winner. To the extent these companies believe it's possible, what are they hoping will be the outcome for humanity?

That they get to be the trillionaires with an untouchable moat? Wouldn't this be like creating a Kwisitz Hadarach thinking you can control it, to borrow a Dune reference?