OpenAI secondary market demand has declined significantly from previous highs. Brokers report increasing difficulty finding buyers for the company's private stock. Large institutional offerings are currently struggling to close.
Investor appetite has shifted toward competitor Anthropic. Secondary marketplaces report record demand for Anthropic equity. Buy orders for Anthropic now exceed available sell orders.
Investors attribute this pivot to a perceived value gap between the two AI leaders. Positive momentum for Anthropic further drives the shift in focus.