OpenAI Considers Drastic Price Cuts, Anticipating War for Users With Anthropic

OpenAI files confidentially for IPO as Anthropic’s rise and massive AI infrastructure costs intensify the capital race.

Reuters had reported that the AI giant is targeting a valuation of up to US$1 trillion. Read more at straitstimes.com. Read more at straitstimes.com.

OpenAI did not disclose the size or terms of the offering, and said a timeline has not yet been determined. "It may be a while because there are things we want to do that are…