OpenAI Q2 revenue up 18% QoQ to $6.7B; Anthropic more than doubles to $11.6B
According to Wall Street Journal sources, OpenAI's Q2 revenue grew 18% quarter-over-quarter to $6.7 billion, but its operating margin continued to decline. In the same period, Anthropic more than doubled its revenue to $11.6 billion. New data also indicates OpenAI is gaining ground on Anthropic among business users, highlighting volatility in enterprise AI spending.
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Techmeme
Wall Street Journal : Sources: OpenAI's Q2 revenue grew 18% QoQ to $6.7B, but its operating margin sank further; Anthropic more than doubled its revenue to $11.6B in the same period — The ChatGPT-maker's revenue disappointed some investors, although the company told them its growth accelerated in the third quarter

TechCrunch AIJulie Bort
Businesses are willing to flop back and forth as each lab releases new models, volatility that should give both companies' investors pause about how "sticky" enterprise AI spending really is.