OpenAI's fall from grace as investors race to Anthropic (latimes.com) AI

The article says OpenAI’s shares are becoming hard to sell on secondary markets as institutional investors shift toward Anthropic, which is seeing record demand and higher bids. It attributes the pivot to perceived risk-reward, including Anthropic’s focus on profitable enterprise customers versus OpenAI’s heavier infrastructure spending. The piece also notes OpenAI’s recent, large fundraising round and highlights regulatory and security setbacks affecting Anthropic, even as investors remain eager to buy its equity.