Valuation expert Aswath Damodaran prefers Anthropic over OpenAI for investment, citing leadership dynamics rather than fundamentals. Both AI firms boast record-breaking private valuations—OpenAI near $730 billion and Anthropic at $380 billion. Despite the gap, the race for AI dominance raises concerns about productivity, jobs, and market impact, with recent Anthropic plugin releases triggering software market sell-offs in India and the US.
