Anthropic and OpenAI look to Uncle Sam to make them too big to fail

OPINION By luck or happenstance, Anthropic planted a seed in the mind of the public last week: AI in the wrong hands is dangerous and left unchecked poses an existential threat to humanity. With pop culture steeped in references to malignant AI, the mainstream media ate it up. The headlines wrote themselves and the seed took root. But it's not humanity that faces the biggest threat – at least not yet. Rather, it's American model-making giants Anthropic and OpenAI, which, despite hundreds of billions in investment, are years from profitability and entirely dependent on a steady supply of capital. Meanwhile, Chinese open-weight models are improving rapidly to the point where some outperform the big frontier models that sparked the...

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