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The Nexus
BUSINESSJun 7 · 09:00 UTCFORTUNEBhaskar Chakravorti

The short seller’s argument nobody on the coming mega IPO roadshow wants you to make

Anthropic and OpenAI are preparing high-valuation IPOs, targeting the top 15% of the AI market focused on enterprises with resources for advanced AI adoption. However, corporate buyers struggle to find ROI due to high costs and viable open-source alternatives, with potential revenue opportunities instead lying in modernizing legacy systems and expanding credit access in developing economies.

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