OpenAI revenue growth slows to $6.7B as Anthropic surges to $11.6B
OpenAI’s revenue growth is starting to look less impressive next to its biggest rival. The ChatGPT maker told investors its revenue climbed 18% to $6.7 billion in the second quarter, a pace that left some backers wanting more. Anthropic, by contrast, more than doubled its own sales to $11.6 billion over the same three months, pulling ahead of OpenAI for the first time ever. The shift comes at a delicate moment, with widening losses, a leadership shuffle, and a looming IPO all converging on the eight-year-old AI giant.
Key takeaways
- OpenAI’s Q2 revenue rose 18% to $6.7 billion, below what some investors had expected.
- Anthropic more than doubled its revenue to $11.6 billion, surpassing OpenAI in quarterly sales for the first time.
- OpenAI’s operating loss widened from $9.3 billion in Q1 to $12.3 billion in Q2, while Anthropic posted a small adjusted operating profit.
- OpenAI replaced chief revenue officer Denise Dresser and paused some model development after safety testing found containment breaches.
- OpenAI says growth picked up again in the third quarter following new model launches in July.
OpenAI Revenue Growth Slows as Anthropic Surges Past It
The headline number tells the story on its own: Anthropic revenue surpassed OpenAI’s for the first time in the second quarter, a milestone few would have predicted a year ago. OpenAI’s $6.7 billion in quarterly revenue, up from $5.7 billion in the first quarter, still represents real growth. But it fell short of what some investors had penciled in, and it now trails Anthropic’s $11.6 billion by a wide margin.
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