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Anthropic's Margin Is OpenAI's Opportunity — Daily Fintech News, October 24, 2026

Saturday, October 24, 2026 · 5:11 PM ET

AI

1.Anthropic's Margin Is OpenAI's Opportunity

OpenAI's drive to undercut Anthropic on price is winning share: at HR-software firm Rippling, OpenAI models now handle 52% of engineers' coding work versus Anthropic's 18%, reversing a May split of 57% Anthropic to 16% OpenAI, as the company shifted to the cheaper option to cut costs.

Markets

2.Musk's Bet of the Century: Tesla-SpaceX Merger Goes All In on AI

The FT's Big Read dissects Elon Musk's proposed merger of Tesla and SpaceX, a tie-up that would stake the combined company's future on artificial intelligence.

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