Anthropic valuation nears $1 trillion in secondary markets amid investor frenzy: Business Insider Africa - The Economic Times

Investor frenzy is propelling AI firm Anthropic's valuation towards a staggering $1 trillion in secondary markets, surpassing rival OpenAI. Despite OpenAI's higher primary valuation, Anthropic's shares are in high demand, fueled by rapid revenue growth and a perceived competitive edge. This surge, however, appears driven by FOMO as much as fundamentals.