Get the latest crypto news, updates, and reports by subscribing to our free newsletter.
Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
© 2026 Index.vn
OpenAI’s reported $852 billion valuation is drawing skepticism from some investors as the company works to shift its focus toward enterprise customers and compete with Anthropic, the Financial Times reported.
Anthropic’s growth has intensified the scrutiny. Its annualized revenue rose from $9 billion at the end of 2025 to $30 billion by the end of March, driven largely by demand for its coding tools.
One investor who has backed both companies told the FT that justifying OpenAI’s funding round required assuming an IPO valuation of $1.2 trillion or more. Under that framing, Anthropic’s current $380 billion valuation appears comparatively lower.
The secondary market is also reflecting a divergence in investor appetite. Demand for Anthropic shares has grown sharply, while OpenAI shares are trading at a discount.
OpenAI CEO Sam Altman has faced similar valuation debates before. During his time leading Y Combinator, aggressive valuation increases left some portfolio companies financially strained, while others ultimately proved highly valuable.
Iconiq Capital partner Roy Luo, whose firm has invested more than $1 billion in Anthropic while holding a smaller stake in OpenAI, said there is room for both companies but argued that one will likely emerge as the leading winner. “There’s room for both, but there is fundamentally a number one and a number two dynamic, and the number one will win disproportionately,” he said. “We picked.”
OpenAI CFO Sarah Friar pushed back on the skepticism, pointing to OpenAI’s $122 billion raise—described as the largest private fundraising in history—as evidence of ongoing investor confidence.
Shares of Palantir (PLTR) rose nearly 4% in recent trading, helping the defense-technology company recover some of its recent losses amid investor concerns about competition from Anthropic. The stock received additional attention after President Donald Trump posted on social media on Friday that Palantir “has proven to have great war…
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
