tech
OpenAI Has Seen a 'Resurgence' of Interest in Secondary Markets
For most of this year, investors couldn't get enough of Anthropic while ignoring OpenAI. Now the tide is turning following the release of new models.
TL;DR
- Investor interest in OpenAI is increasing significantly in secondary markets, following a period of strong demand for Anthropic.
- OpenAI's resurgence is linked to the release of its new GPT-5.6 models and its AI coding agent, Codex.
- Anthropic still holds a dominant position, with more buyers seeking its shares than OpenAI's.
- OpenAI's valuation has increased, making it a relatively cheaper stock compared to Anthropic's soaring valuation.
- OpenAI's executive disclosed 9 million active users across its enterprise platforms, indicating expansion beyond initial developer audiences.
- Competitors, including Chinese AI startups, continue to exert pressure on OpenAI's growth and margins.