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Anthropic is rapidly closing the revenue gap with OpenAI, though differences in cloud partner reporting methods complicate direct comparison.

Semafor TechApr 10, 20261 min read
Anthropic is rapidly closing the revenue gap with OpenAI, though differences in cloud partner reporting methods complicate direct comparison.

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3 Key Points

  1. Anthropic and OpenAI report revenue differently when selling tokens through cloud partners like AWS, Google, and Microsoft

  2. Anthropic's revenue growth is accelerating and approaching OpenAI's figures

  3. The two companies use distinct accounting approaches for cloud platform sales, making true revenue comparison challenging

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