Comment by mrinterweb

The timing of the AI doom narrative could not come as a more suspect time. Chinese labs are releasing open models that are nipping at the heals of the frontier models. Anthropic and OpenAI know these frontier class open weight models can threaten their valuations by changing inference to a commodity where the provider who can serve the best models the cheapest and fastest will win. Few are going to pay $50/million tokens when they could pay <$1/million tokens for similar outcomes. There's little hope investors could recoup the wild investments made into Anthropic and OpenAI, IMO.