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AnalysisOpinion

OpenAI and Anthropic cut their LLM prices by up to 80% within a few months. Why?

Source
minimaxir.com (minimaxir.com)
Published
First seen here
Edition
Sunday, October 25, 2026, ranked 1
Status
Commentary or analysis: someone’s view, not a reported fact.
Engagement
As shown by each platform when we last looked ().
Topics
AI, Openai, Anthropic
News

Cat Wu, who left Anthropic last week, says she is joining OpenAI to lead product manangement for core products; Wu was the product lead for Claude Code (opens businessinsider.com)

Cat Wu, who left Anthropic last week, says she is joining OpenAI to lead product manangement for core products; Wu was the product lead for Claude Code — Cat Wu, who left Anthropic last week after becoming one of the company's highest-profile product managers, is joining OpenAI.

Business InsiderNov 4, 2026Details
News

Sources: Anthropic's bankers are weighing plans to raise its IPO price following heavy demand, which could increase the valuation target to $1.5T or more (opens ft.com)

Sources: Anthropic's bankers are weighing plans to raise its IPO price following heavy demand, which could increase the valuation target to $1.5T or more — Claude maker's listing price expected to rise after strong demand from investors — Anthropic's bankers are weighing plans to increase …

Financial TimesNov 10, 2026Details
News

S-1: Nvidia plans to invest ~$10B in Anthropic after its IPO, or ~10% of the total new cash Anthropic is expected to raise in November (opens nytimes.com)

S-1: Nvidia plans to invest ~$10B in Anthropic after its IPO, or ~10% of the total new cash Anthropic is expected to raise in November, including in its IPO — Nvidia planned to invest $10 billion in Anthropic alongside its initial public offering, the largest of the new financial commitments from…

The New York TimesNov 10, 2026Details