On: OpenAI raises $11B at a $1.25T valuation

"They're almost certainly worth much less than Anthropic" you type that with so much conviction. I have no dog in this fight, but I'm not so such. We have seen OpenAI provide models in Audio, Image, Video, etc. Perhaps it's for publicity, but their models have tackled difficult math problems and those that I know that use their top models are just as happy with it as they are with Opus 5.5. IMO, I think they are neck and neck.

Yes that is all interesting but the only thing that matters for company valuations is how much money they make, how quickly the amount of money they make is growing, and how much the assets they own are worth.

Anthropic better at turning whatever it is they have into higher revenue than OpenAI

At the end of the day that’s all that matters

I would call this an “emotional fact”. Also, if you really believed this, you put every dollar you had into an anthropic IPO. I don’t think you will.

It's not a binary decision. I wouldn't put my money into either at these valuations.

Yeah that might be the best choice.

Not sure though. My best guesses about what'll happen to Anthropic have enormous error bars...

You can believe than anthropic is a better investment (“worth more”) than OpenAI while still thinking they’re both overvalued (or will underperform other investments).