Oct. 4, 2023, 2:20 p.m. | Amir Efrati

The Information www.theinformation.com

How much should a well-regarded artificial intelligence startup be worth on paper?

That’s the question facing scores of sovereign wealth funds, mutual fund firms and other private equity investors looking at two marquee AI opportunities: OpenAI and Anthropic. OpenAI is in the middle of its second employee share sale in the last six months, and if it succeeds, the new share price could imply an enterprise valuation of at least $80 billion

Anthropic, a rival whose founders previously …

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