AIJun 11, 2026
OpenAI weighs steep price cuts to fend off Anthropic
OpenAI is considering significant cuts to its token prices to pull customers back from Anthropic, the Wall Street Journal reported. The pressure is real: Anthropic’s revenue has surged on the back of Claude Code, and its $65 billion Series H pushed its valuation to $965 billion — above OpenAI’s $852 billion for the first time. Both companies are weighing the move just as they prepare for public listings, with OpenAI said to burn cash at many times its rival’s rate.
Why it matters: A price war between the two frontier labs would ripple straight to every developer’s bill — and signals that, at the top, the AI race is now as much about unit economics as raw capability.