OpenAI cut its proposed valuation by $150B to $1.25T, and Anthropic’s draft IPO prospectus shows an $80.7B net loss. Before you panic: the valuation cut looks like a negotiation move to close the round, and Anthropic’s loss is mostly non-cash accounting (stock pay), not cash out the door. The real story is pressure — both giants burn enormous cash for compute, and investors are asking harder questions.
#OpenAI #Anthropic #AIBoom #Valuation #IPO #TechNews #AINews #Investing #ChatGPT #Claude
source