Why OpenAI could be in trouble if Anthropic's IPO doesn't go well

Manhattan Venture Partners managing partner Jared Carmel sits down with Yahoo Finance Executive Editor Brian Sozzi to discuss what OpenAI's (OPAI.PVT) decision to stay private could mean for the AI developer in the long run, especially with Anthropic's (ANTH.PVT) own IPO coming up on the horizon in November. Video Transcript 00:00 Speaker A Is it a strategic misstep by the Open AI team not to come public this year? 00:06 Speaker B Well, I think the answer is yes. I think now you have a public comp. So if this doesn't go well, I think that uh what you're going to end up seeing is Open AI is going to have a much tougher time raising money going forward, especially at the valuation that they're at.