Anthropic's $16.8 billion quarter puts Amodei's AGI call on track

Anthropic's position as a challenger has shifted. The company reported $16.8 billion in third-quarter revenue at a recent investor update, is profitable on an adjusted basis, and is expected to go public in November, while OpenAI is delaying its offering until 2027. That timing gap gives Anthropic a head start with public-market investors.

The AGI debate around Amodei's 2027–2028 timeline has split tech leaders. Nvidia's Jensen Huang said AGI had already arrived, pointing to an AI agent capable of building and running a billion-dollar company and to GPT-6 Astra, which he said was built on more than 100,000 Nvidia Grace Blackwell GPUs and recently solved 10 long-standing problems in math and computer science. Elon Musk tied AGI to SpaceX's Grok 5, due out next year, while OpenAI's Sam Altman said he expected to reach AGI by the end of the year.

Political pushback against new data centers and labor-market anxiety over AI disruption continue alongside products like Meta's Muse personal AI agent. For investors, the piece points to owning shares of Nvidia, Meta, and the AI labs as they go public, with adoption likely taking time as users grow more comfortable with the technology.