How Cheap AI Could Derail OpenAI And Anthropic's IPOs
Chinese AI labs like DeepSeek are matching American frontier capability at a fraction of the cost, and a wave of American and European challengers are building toward the same price point. Adoption is already shifting, with Chinese models taking a growing share of enterprise AI traffic. That's a problem for OpenAI and Anthropic, which are pitching IPO investors on a premium moat that's eroding fastest in the enterprise segments they need to dominate. CNBC's Deirdre Bosa explains how cheap AI from competitors could derail OpenAI and Anthropic's upcoming IPOs.Chapters:
0:00 - 1:07: Introduction
1:08 - 4:06: China undercuts the frontier
4:07 - 6:26: American challengers move in
6:27 - 7:43: The SpaceXAI proof case
7:44 - 27:16 Full interview with Cohere CEO Aidan Gomez
Anchor and Columnist: Deirdre Bosa
Produced by: Jasmine Wu
Edited by: Matt Soto
Animations: Emily Park, Jason Reginato, Christina Locopo
Senior Director of Video: Jeniece Pettitt
Additional Editing: Erin Black
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