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Bloomberg Technology·2 min read

OpenAI Is Falling Out of Favor With Secondary Buyers

OpenAI shares struggle as investors shift to Anthropic.

OpenAI is experiencing a significant downturn in demand for its shares on the secondary market, with some investors finding it nearly impossible to sell. This shift comes as institutional investors, including hedge funds and venture capital firms, seek to offload approximately $600 million in OpenAI shares, turning their attention instead to its main competitor, Anthropic.

Key Takeaways

1.
Institutional investors are attempting to sell $600 million worth of OpenAI shares.
2.
Demand for OpenAI shares has dropped significantly as investors favor Anthropic.

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