Anthropic’s revenue passed OpenAI’s for the first time last quarter
OpenAI grew more slowly than Anthropic last quarter, and for the first time its rival’s sales came in higher. OpenAI told investors its revenue rose 18 percent from the first quarter to the second, to $6.7bn, The Wall Street Journal reported. Its losses deepened over the same stretch. Berber Jin and Corrie Driebusch wrote that the numbers disappointed some shareholders.
The gap with Anthropic is the story. Anthropic more than doubled its revenue to $11.6bn in the same period, the Journal reported. It was the first time its sales have passed OpenAI’s. Anthropic also swung to a small operating profit. OpenAI moved the other way.
OpenAI’s revenue rose to $6.7bn from $5.7bn in the first quarter, the Journal said. Its operating loss, which includes stock-based compensation, widened from $9.3bn to $12.3bn. That means the loss grew by $3bn while revenue added only $1bn, Jin noted in a post on...
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