5.5 C
New York
Saturday, February 21, 2026

VCs are ‘hedging their bets,’ backing competing LLMs like Anthropic and OpenAI, breaking a long-standing venture taboo

When venture firms pull out their checkbooks, there has traditionally been an unspoken rule: Do not back a competitor. Choose either Lyft or Uber, but not both. “I have never seen it before, and I assumed no one would do it,” said Joe Aaron, founding partner at TRAC. “Would you want a company that …

This post was originally published on this site

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

149,501FansLike
396,312FollowersFollow
2,650SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x