Anthropic, founded by ex-OpenAI employees in 2021, is poised to surpass OpenAI with a $900 billion valuation, driven by a $30B funding round co-led by top investors.

Cheaper AI models from Chinese and Western rivals are eroding OpenAI and Anthropic's pricing power, raising questions about their sky-high IPO valuations.

Anthropic's potential to have the second-best AI model by May 2026 rises to 96.4% YES amid competition from cheaper models, while OpenAI's chance is just 0.8% Y

Anthropic may report its first operating profit in June, potentially surpassing OpenAI's valuation amid explosive AI tool sales.