OpenAI’s Almost-Merger with Anthropic Reveals Leadership Disputes and Governance Issues
- OpenAI's near-merger with Anthropic emerged after Sam Altman's 2023 ousting, with board members pushing a deal led by Anthropic despite Ilya Sutskever's opposition. - Anthropic projects $70B revenue by 2028 via B2B expansion, contrasting OpenAI's $115B+ projected losses through 2029 from infrastructure costs. - Elon Musk's lawsuit accuses Altman of "stealing a non-profit," while OpenAI defends its $130B for-profit restructuring as mission-critical. - Governance flaws revealed include rushed decisions and
During a recent deposition related to Elon Musk’s lawsuit against CEO Sam Altman and OpenAI, cofounder Ilya Sutskever disclosed that OpenAI came close to merging with competitor Anthropic after Altman was briefly removed from his CEO position in late 2023. The 10-hour testimony, part of Musk’s legal dispute over changes at OpenAI, described how board members, including Helen Toner, seriously considered a merger that would have placed Anthropic in charge of OpenAI—a scenario Sutskever called “very unhappy” in
The idea for the merger surfaced just days after Altman’s dismissal, with Anthropic’s leaders, CEO Dario Amodei and president Daniela Amodei, reportedly eager about the collaboration but aware of significant obstacles. Sutskever, who was on the board at the time, was one of the few who opposed the plan, which ultimately fell through due to unresolved issues. “Other board members were much more in favor,” Sutskever noted, singling out Toner as the strongest supporter. The deposition also highlighted governance errors, such as hasty decisions and reliance on unconfirmed information from OpenAI CTO Mira Murati, which Sutskever later acknowledged was “secondhand knowledge” in
At the same time, Anthropic has become a major challenger, forecasting $70 billion in revenue by 2028 thanks to rapid B2B growth and alliances with Microsoft, Salesforce, and consulting firms like Deloitte and Cognizant in
The ongoing legal and business rivalry between Musk and Altman has grown more intense. OpenAI’s transformation into a for-profit public benefit corporation—now valued at $130 billion—has come under fire from Musk, who accused Altman of “stealing a non-profit” in
OpenAI’s outlook is uncertain as it deals with lawsuits, internal changes, and pressure from Anthropic. The company has suggested a possible IPO by 2027 but faces major financial challenges, including an expected annual cash burn of over $14 billion through 2026, according to
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
XRP News Today: Bulls and Bears Battle Over XRP’s Key $2.50 Mark Amid Rising Volatility
- XRP faces intense bearish/bullish battle as $7M leveraged short positions clash with Binance's $8.4B futures inflows, creating $3.4B open interest. - Technical analysis highlights $2.50 pivot level with Fibonacci targets at $2.77-$3.10 if bulls break resistance, while breakdown risks $1.94. - Ripple's $500M funding at $40B valuation and Mastercard partnership fuel debate over XRP's intrinsic value vs. $87.5B escrow-linked worth. - Macro risks including Trump tariff ruling uncertainty and potential XRP ET
Remote Access Challenge: Norway Protects Buses Against Cyber Risks
- Norway's Ruter operator strengthened cybersecurity after tests showed Yutong electric buses could be remotely shut down, raising global concerns over connected vehicle vulnerabilities. - Controlled experiments revealed Yutong's 2023 models allowed remote diagnostics access compared to older Dutch VDL buses lacking over-the-air update capabilities. - Yutong claimed compliance with local laws and German data storage, but Ruter highlighted retained remote access to critical systems like battery controls. -

As artificial intelligence converges with blockchain technology, businesses are redefining the standards of market rivalry
- Somnigroup International Inc. announced Q3 2025 strategic shifts toward AI integration and digital transformation to enhance data-driven competitiveness. - Daydream's Scope platform launched real-time AI video tools with SDXL support, expanding creative control via open-source collaboration. - Bitcoin .com and Concordium partnered on age-verified stablecoin payments using zero-knowledge proofs to address regulatory compliance challenges. - Robinhood's tokenization proposal sparked debate over Web3's role

Bitcoin Updates: Trump-Era Regulatory Changes Open Crypto Access to Hedge Funds
- Trump's pro-crypto policies drive 55% of hedge funds to hold crypto assets, up from 47% in 2024, with 7% average allocation. - Regulatory clarity via the GENIUS Act and Strategic Bitcoin Reserve reduced legal risks, boosting institutional confidence in digital assets. - Derivatives dominate 67% of crypto strategies while spot trading grows to 40%, reflecting evolving risk management approaches. - BlackRock/Fidelity's Bitcoin holdings and DeFi expansion highlight sector growth, though October's $20B liqui