Retail investors chase Anthropic and OpenAI after the SpaceX private-market rush

Individual investors who first tried private-market products during the rush around SpaceX are now looking for exposure to Anthropic and OpenAI, often through high-fee funds and special-purpose vehicles that can be difficult to leave. Anthropic is expected to sell shares in the coming weeks, OpenAI has discussed an offering next year, and that demand has held even as prominent industry figures call for a slower pace in building more powerful models.