Seems pretty clear Claude is winning this AI race
Anthropic’s valuation now hovers at around $1 trillion on Forge Global, a leading private marketplace exchange, its CEO Kelly Rodriques told Business Insider. OpenAI’s valuation on the platform is $880 billion, a slight uptick from its March funding round.
Since Anthropic and OpenAI are not yet public companies, the vast majority of investors are forced to buy via secondary markets, with existing stock in the companies sold by current or former employees or early investors. Neither company responded to a request for comment.
One Anthropic shareholder recently offered to unload shares at a $1.15 trillion valuation, according to Ken Sawyer, cofounder and managing partner at Saints Capital, a venture secondary firm.
A “very well known growth fund” offered to buy Anthropic shares at a $1.05 trillion valuation, Jesse Leimgruber, founder of OpenHome, posted on X this week.
“Absolutely wild,” he said.
Some interested buyers have gotten more creative, offering to sell their home in exchange for Anthropic shares at a valuation above $800 billion.
Just look at the shoe company that decided to rebrand as an AI company and tripled their valuation.
It’s the dot com bubble all over again. Going to end the same way that one did as well, most of these companies are going to go bankrupt, a few will just eat the massive loss, and an even tinier handful will actually come out ahead. I’m betting the event that’s going to finally pop the bubble is when OpenAI is forced to file for bankruptcy in another year or so despite its ridiculous stock valuation.
It is much, much larger than the dot com bubble.
And also provides much, much less of anything of real value.