OpenAI和Anthropic共有90位投資者——風投為何兩邊下注
openai和anthropic共有約90位投資者，佔其資金基礎的約42%，包括紅杉資本和創始人基金。這種對沖策略表明，風險投資者並不將ai競賽視為贏者通吃的市場。
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.