This AI titan's valuation shot up by more than 3 times within a year, and it's giving ChatGPT owner OpenAI a run for its money; here's all about the startup
OpenAI has simply outshone itself, backed by their biggest creation ChatGPT's latest rollouts.
However, OpenAI is now being vehemently challenged by the likes of Llama, Gemini and other LLM models that are backed by top tech companies at Silicon Valley, including the likes of Alphabet and Meta Platforms.
Is there another OpenAI rival in the making?
<div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-117158711»>But, there is one company that is currently being viewed as an underdog but its valuation has shown a major spike in 2024, and its valuation has also shot up by more than 3 times. This company, Anthropic, has a legion of dedicated employees, some of whom are top-rated tech experts who left OpenAI to join this company.
Is Anthropic also receiving the rewards of AI hype at Wall Street?
Anthropic is currently backed by two of the biggest names of Silicon Valley who want to cut OpenAI's chase and bull run at the stock market by all means. They are Amazon and Google respectively, who also have a lot riding on AI and other relevant services where OpenAI is a direct rival.
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