AI BriefingOpenAI Posts $5.7B Q1 Revenue, Surpassing Anthropic
Key point
OpenAI's Q1 revenue reached $5.7 billion, surpassing Anthropic, but Anthropic holds a higher valuation.
Details
As OpenAI and Anthropic compete fiercely ahead of expected IPOs this year, internal performance data has recently come to light. According to The Information, OpenAI's Q1 revenue was approximately $5.7 billion, about $1 billion ahead of Anthropic's revenue for the same period.
Anthropic's growth trajectory is extremely steep. Wall Street Journal reported that Anthropic's revenue surged from $4.8 billion in Q1 to $10.9 billion in Q2, more than doubling, and the company is approaching its first quarterly profit.
The picture differs when it comes to valuation. According to The New York Times, Anthropic could be valued at up to $950 billion in its ongoing funding round, exceeding OpenAI's most recently reported valuation of $850 billion.
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