[cmiles8]

The window has basically closed for them for the time being. The business math just isn’t there.

The best option at this point is kick the can down the road and hope market sentiment improves next year. Not much signal that it will, and quite a lot of signal the sentiment only declines, but pumping the brakes is the least worst option on the table.

[JumpCrisscross]

> window has basically closed for them for the time being. The business math just isn’t there

Unless Anthropic also cancels its IPO, this probably isn't it.

[cmiles8]

The math doesn’t help Anthropic either but the market views these two companies very differently at the moment. Anthropic is seen as having momentum. Open AI is seen as having likely peaked. That makes a huge difference when pitching an IPO.

[JumpCrisscross]

> but the market views these two companies very differently at the moment. Anthropic is seen as having momentum. Open AI is seen as having likely peaked

What are you basing this on? Both are currently doing rounds/tenders that are placing without problems.

The media treats these two differently, as do financial influencers. But I'd be careful about conflating either of them with the market.

[stymaar]

> But I'd be careful about conflating either of them with the market.

The finance market and the market for these products are two different things. Anthropic has definitely been stealing market share to OpenAI in the past few month on many segments (be it enterprise or even consumers).

[wiiww]

Agree but Anthropic momentum is fading too.

Open source is starting to slowly become a source of frustration for frontier labs In the discussion around value for money.

[reilly3000]

How is momentum fading when their headline product is so good it’s illegal?

[andy99]

I think they may have overplayed their hand so to speak. The end consequence is that their best model isn’t available right now, people are exploring alternatives, and realizing they work fine.

It’s such a fast paced and competitive industry, anyone who takes even a short break is going to have a hard time coming back from it, and that’s basically what they’ve done.

[jazzyjackson]

How do you grow your business when your flagship product is illegal?

[nemomarx]

is no longer being able to sell it to half of your market good, financially?

[wiiww]

Expected cash flows, growth and risk.

Go ahead and incorporate that in those 3 variables... lets see what you know before I bother replying.

[surgical_fire]

That is a good marketing headline, but for it to work the model has to become available again in a reasonable timeframe.

Otherwise people try other cheaper models, and they find out those models work perfectly for what they need.