Latest Fundraising Efforts Show OpenAI & Anthropic on Divergent Paths
Latest Fundraising Efforts Show OpenAI & Anthropic on Divergent Paths
Investors are comparing the funding trajectories of OpenAI and Anthropic, with the latter pulling away from the former, which is eager to tell a story of revival. Despite challenges in the AI industry, according to investors, Anthropic's IPO is still on track, with its stock having 'limitless demand' among long-term investors, and plans to complete it before Thanksgiving. Anthropic's more favorable stance towards the Democratic Party also helps its case.
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- 36Kr · AI··First
Anthropic plans to conduct a $350 million Japanese stock offering before its Nasdaq listing
- Newcomer··+3 d·Reading now
The latest funding activities of OpenAI and Anthropic show that their development paths have diverged
Adds:Newcomer mentions that Anthropic has a 'friendly stance' towards the Democratic Party.
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With both OpenAI and Anthropic in the midst of highly visible fundraising campaigns, investors have a rare opportunity to compare the trajectories of the two companies.
Talking to investors who have backed both — and are considering participating in the current capital raises — you can see a clear divergence in how they are viewed. In short, Anthropic is distancing itself from its rival, while OpenAI is thirsting for a comeback story.
Even with the headwinds facing the AI industry these days — including what promises to be a much tougher political climate after Democrats’ resounding victory in Tuesday’s midterms — Anthropic’s proposed IPO still feels like it’s on track, according to investors we spoke to.
One of them, who has backed both OpenAI and Anthropic, described an “infinite demand” for Anthropic’s shares among long-term investors like mutual funds. He said Anthropic was “bulldozing right through” the bumpy landscape and was confident the planned IPO would happen before Thanksgiving. The fact that Anthropic has been more friendly to Democrats than most of the industry doesn’t hurt.
Source: Newcomer · newcomer.co