According to reports from CNBC and The Verge, OpenAI circulated an internal memo this week directly attacking rival Anthropic, accusing it of inflating its $30 billion revenue figure by roughly $8 billion. The memo, sent by OpenAI's chief revenue officer Denise Dresser to employees, alleges that Anthropic "grosses up" revenue sharing from its cloud partnerships with Amazon and Google rather than reporting net figures, which OpenAI does with its Microsoft arrangement. The accusation puts the real Anthropic figure closer to $22 billion, which would place it behind OpenAI's reported $24 billion run rate. OpenAI is valued at over $850 billion following a March fundraise, while Anthropic was valued at $380 billion in its most recent round.
As reported by CNBC TV18, Anthropic's robust revenue growth has impressed investors, particularly with wealthy industrial clients. The business announced earlier this month that its yearly run-rate revenue had reached $30 billion, representing a significant increase from $19 billion only a few months prior. This substantial revenue growth has contributed to the company's enhanced market position and investor interest in the AI sector. The momentum has come primarily from Claude Mythos and its coding tools, which have driven the revenue surge from $9 billion to $30 billion in under a year.
At the HumanX conference in San Francisco last week, enterprise sentiment was overwhelmingly in Anthropic's favor, with Glean's CEO Arvind Jain describing it as "a religion, that's the level of that mania" regarding Claude's penetration into corporate workflows. Anthropic has launched several AI solutions designed to revolutionize how companies manage cybersecurity and coding, with an increasing number of commercial clients responding favorably to these products. The company has discussed going public as early as October, indicating accelerated plans for public market access, though it remains unclear whether it will raise at the $800 billion valuation or accept investor terms.
As reported by CNBC TV18, Anthropic has gained notoriety following a dispute with the US Defence Department regarding the security of utilizing its AI tools. The company recently introduced a new model called Mythos, which it claimed would be reckless to make freely available due to its ability to detect and exploit software vulnerabilities. This security-focused approach has intensified competition with rival OpenAI in the AI market, while Anthropic's growing client base continues to boost income and expand its market presence. Both companies are racing to build competing AI cybersecurity products, with OpenAI finalizing a security tool for limited partner release while Anthropic runs its tightly controlled Project Glasswing initiative.
