OpenAIとAnthropicは投資家90社が共通—VCが両社に賭ける理由
OpenAIとAnthropicは、SequoiaやFounders Fundを含む約90の投資家、すなわち資金調達ベースの約42%を共有している。このヘッジ戦略は、VCがAI競争を勝者総取りの市場とは見なしていないことを示している。
an analysis of pitchbook data reveals that 90 investors hold stakes in both openai and anthropic, including major firms like sequoia capital, greylock, and founders fund. this represents roughly 42% of openai's investors and a third of anthropic's backers, a level of overlap described as unprecedented by venture capital experts. investors are hedging their bets to protect returns in a market where the ultimate winner remains unclear, challenging the traditional vc model of picking a single horse. with both companies eyeing potential ipos, this dual backing allows firms to double their odds of success while navigating a sector requiring massive capital. the trend reflects how large funds have evolved, blurring lines between investment classes as companies stay private longer and raise sums exceeding $100 billion.