anthropic
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In December 1938, physicists split the uranium atom and unlocked nuclear fission. Within years, that discovery gave us zero-carbon power grids and precise radiation therapy for cancer patients. It also gave us the atomic bomb. The physics remained identical in every scenario. The outcome came down to intent, incentives, and who held control of the…
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Evaluated side-by-side using the AI Business Quality framework by Pitchbook, OpenAI is priced at $188 billion per point of business quality. That represents a 60% premium over Anthropic, which sits at $118 billion per point. This wide spread raises a pressing question for pre-IPO invesors: is OpenAI truly worth that premium, or is it a…