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The Economic Times
The Economic Times
Kshitij Anand

ETMarkets NRI Talk | AI’s 30x sales premium: Apurva Sheth on OpenAI, Anthropic and the valuation debate

Artificial intelligence is being hailed as one of the biggest investment themes of our generation—but are investors paying too much for the promise of what AI could become?

OpenAI and Anthropic are reportedly commanding valuations that translate into roughly 30-38 times price-to-sales, compared with around 3.7 times for the average S&P 500 company.

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