The IPO reckoning is here.
The IPO reckoning is here. And you will soon be footing the bill. xAI, Anthropic, and now OpenAI have all filed the paperwork to go public. Anthropic's latest raise put its valuation at $965 billion, just topping OpenAI's $852 billion. Non…
The IPO reckoning is here. And you will soon be footing the bill.
xAI, Anthropic, and now OpenAI have all filed the paperwork to go public. Anthropic's latest raise put its valuation at $965 billion, just topping OpenAI's $852 billion.
None of them are profitable. All three chasing a trillion dollar IPO. All three losing billions of dollars a year.
Once they are public, the pressure to finally turn a profit lands on them. And it gets passed straight to you.
Have you put all your eggs in the Anthropic or OpenAI basket? Is your CFO already cringing at the usage bills? It only gets worse from here.
There are alternatives. Hosting your own open-source or open-weight models can be a fraction of the cost (potentially 1/100th of Claude or ChatGPT), and depending on the use case, the results are comparable.
You can keep your head in the sand and pretend your AI bill will not skyrocket. But when it does, we will be here.
If you want to learn more about Elevate's approach to AI for business, click the Visit my Website button.