Gate News, April 1, saw a significant drop in secondary-market demand for OpenAI stock, with investors quickly turning to its competitor Anthropic. Ken Smythe, founder of Next Round Capital, said that demand for OpenAI stock on its secondary-market platform is falling. In the past few weeks, about six institutional investors holding large positions— including hedge funds and venture capital firms—had contacted his company to seek the sale of roughly $600 million worth of OpenAI stock. Last year, these shares would have been snapped up almost within days, but now there’s no interest. Smythe said buyers are ready to invest about $2 billion to purchase Anthropic stock. Record demand for Anthropic has also shown up on other platforms, including Augment and Hiive. Adam Crawley, co-founder of Augment, noted that OpenAI is valued at $852 billion, while Anthropic is valued at $380 billion, and investors are rushing to buy Anthropic stock in hopes that its valuation will rise.