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Anthropic has surged to a trillion-dollar valuation on secondary markets, overtaking OpenAI

Desperate buyers are in a race to secure a dwindling supply of secondary shares in Anthropic, driving the AI company’s valuation on some sites to $1 trillion, a price that would have seemed unthinkable even a few weeks ago. Loading audio narration… Meanwhile, traders Business Insider spoke with are seeing slumping demand for OpenAI, which is now trading at a discount to Anthropic, despite OpenAI being valued at $852 billion, more than twice Anthropic’s valuation…

Finance news

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Business

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Bessent disputes Iran B sanctions claim as DNC talking point

Treasury Secretary Scott Bessent pushed back Wednesday after Sen. Chris Coons, D-Del., suggested temporary sanctions relief for Iran has granted the country $14 billion during the war. During a fiery exchange at Wednesday’s Senate Appropriations Committee subcommittee hearing on the 2027 fiscal budget, Coons levied the charge at Bessent, noting…

Investing

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