Sources: OpenAI's Q2 revenue grew 18% QoQ to $6.7B, while its losses deepened; Anthropic's Q2 revenue more than doubled to $11.6B, with a small operating profit (Wall Street Journal)
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- OpenAI posted Q2 revenue of $6.7 billion, up 18% quarter-over-quarter, though losses deepened and the figure disappointed some investors, even as the company told them its growth accelerated.
- Anthropic reported Q2 revenue that more than doubled to $11.6 billion with a small operating profit, in stark contrast to OpenAI's deepening losses.
Why it matters: Anthropic's $11.6B quarterly revenue with operating profit sets a profitability benchmark among frontier AI labs, while OpenAI's deepening losses despite 18% sequential growth have already disappointed some investors. OpenAI claims growth is accelerating, but Anthropic is now generating roughly 1.7x the quarterly revenue at a profit.
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