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Report: OpenAI Shares Cool in Secondary Market as Investors Rush to Buy Anthropic to Catch Up
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Bloomberg reported that shares of artificial intelligence startup OpenAI are no longer favored in the secondary market and, in some cases, are even almost impossible to sell. Ken Smythe, founder of Next Round Capital, said the firm has recently been approached by multiple institutional investors, including hedge funds and venture capital firms holding substantial stakes, seeking to sell about USD600 million worth of OpenAI shares, but there has been no interest in these shares. He noted that among a list of hundreds of institutional investors, none were willing to take up the shares. However, some buyers indicated they had prepared USD2 billion to invest in shares of OpenAIs competitor Anthropic. The report said other trading platforms have also observed record demand for Anthropic. Adam Crawley, co-founder of Augment, said the significant valuation gap between OpenAIs USD852 billion valuation and Anthropics USD380 billion valuation has prompted investors to rush to buy shares in the latter before its price rises further. Investors are betting that Anthropics valuation will catch up with OpenAI. However, purchasing OpenAI shares now offers less clarity on short-term returns. Both Anthropic and OpenAI prohibit investors from trading their shares in the secondary market without authorization. Nevertheless, investors may sell shares through alternative channels such as special purpose vehicles (SPVs). An OpenAI spokesperson said in an email statement that people should exercise extreme caution toward any company claiming it can provide access to OpenAI shares, including those obtained through SPVs. (fc/j) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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