Sources detail how OpenAI fell behind Anthropic in revenue growth and valuation after prioritizing consumer chatbots and flashy side projects over coding tools (Berber Jin/Wall Street Journal)

Berber Jin / Wall Street Journal: Sources detail how OpenAI fell behind Anthropic in revenue growth and valuation after prioritizing consumer chatbots and flashy side projects over coding tools — Bets on consumer chatbots and flashy side projects overshadowed AI coding opportunity, which rival Anthropic used to capture the lead

Sources: OpenAI is considering drastically lowering its price for tokens in anticipation of similar cuts the company expects at Anthropic (Wall Street Journal)
Sources: Anthropic is finalizing a deal for a $1.5B JV with Blackstone, Goldman Sachs, Hellman & Friedman, and others to sell AI tools to PE-backed companies (Wall Street Journal)
How US companies flipped from 'tokenmaxxing' to 'thrift-maxxing', mixing cheaper Chinese models with OpenAI and Anthropic, threatening the labs' IPO valuations (Wall Street Journal)

Source: Techmeme | 2026-08-01

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