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OpenAI Cuts $150 Billion Valuation as Anthropic Reports $80 Billion Loss: Is the AI Boom Cracking?

calendar_today October 23, 2026 person Ahmed Ishtiaque domain brave-newcoin

OpenAI has reportedly lowered its proposed valuation by $150 billion to $1.25 trillion, while rival Anthropic’s draft IPO prospectus reveals an $80.7 billion first-half net loss, highlighting the financial pressures behind the artificial intelligence boom.

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