SAN FRANCISCO/NEW YORK – If not for the intense rivalry between Anthropic and OpenAI, the generative AI boom might not have arrived so quickly.
In late 2022, OpenAI caught wind that Anthropic was working on an AI-powered chatbot. OpenAI CEO Sam Altman immediately directed employees to fast-track a competing product, four people familiar with the matter said. Two weeks later, the company released ChatGPT, sparking a technological revolution that promises to overhaul the global economy and the way humans interact.
The same urgency now extends to plans for their blockbuster IPOs.





