A significant change in the AI landscape is prompting investors to reevaluate their investments in OpenAI, especially given Anthropic’s swift rise to prominence. An investor who has backed both companies notes that OpenAI’s recent funding round requires projecting an initial public offering (IPO) valuation of at least $1.2 trillion to be justified — a figure that makes Anthropic’s current $380 billion valuation appear relatively modest by comparison.

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