The headline is false. First off, OpenAI hasn’t raised a recent round so you can’t compare these two companies randomly like this. Second, Anthropic is known to have accounting methods that give it more revenue that they would have if they used the same practices as OpenAI. And neither of these companies are known to be doing gaap accounting.

Either they are getting fleeced or they are getting very good terms for the investments

It’s because the programming works.

OpenAI. Spent its resources on AGI whilst Claude worked on making programming work.

Google Gemini is out of the race entirely its programming AI is a joke.

This is all dumb, it's like picking your fave cryptocurrency

The core product of AI is labor displacement and wage suppression. Why? To further concentrate wealth. Who are the most expensive employees? Software engineers have to be up there. So Anthropic have been smart here by focusing on a market with the highest potential value.

What I find fascinating is how many inside the bubble defend this for no other reason than they think they're personally going to make their bag out of AI. You're not Sam Altman. Or Elon Musk. Or Jeff Bezos. And you're not going to be.

What's going to happen is that in a few years the sky-high AI salaries are also going to disappear. More work will be done by fewer people in this space too. And only then will many people change their tune because the rising waters have finally reached them.

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