OpenAI’s valuation dropped more than 4% in 24 hours, briefly falling under the $1.5 trillion threshold according to perpetual futures pricing on the Hyperliquid platform, while Anthropic rose 2.4% to just over $2 trillion. Open interest in Anthropic exceeds $41 million, more than five times that of OpenAI which remains below $7 million. CoreWeave shares touched a new one-year low Thursday, declining 54% over that period amid concerns over its debt-financing strategy. OpenAI, tied to CoreWeave by a five-year agreement worth at least $22 billion for datacenters and technology, is seeing its valuation fall more sharply than Anthropic’s. Both valuations have nonetheless declined approximately 15% from last month’s highs.
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