unicorn startups
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How Anthropic Passed OpenAI: A $965 Billion Bet, a Personal Feud, and Two Theories of AI

In May 2026, Anthropic disclosed a $65 billion Series H at a $965 billion valuation, surpassing OpenAI to become the highest-valued private AI company in the world. The path from $4 billion to $965 billion in three years runs through a personal feud, a public refusal to hold hands, and a fundamentally different theory of… Continue reading