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AI Valuations Diverge After CoreWeave Sell-Off | Markets & Money News
On October 16th, OpenAI's valuation dropped over 4%, briefly falling below $1.5 trillion, while Anthropic's improved by 2.4%, reaching just over $2 trillion. This shift is tied to struggles faced by CoreWeave, which has seen its shares plummet 54% over the past year, impacting OpenAI's contracts. In the perpetual contracts market, Anthropic leads with over $41 million in open interest compared to OpenAI’s under $7 million, indicating a growing market interest. Both companies continue to face
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