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Anthropic is racing toward an IPO with a headline revenue number that will likely look bigger than that of its rival, OpenAI.
Why it matters: Comparing revenue at the two AI labs isn't apples-to-apples unless you understand how differently they account for some sales through cloud partners.
Driving the news: The latest update from Anthropic indicates its annualized revenue will exceed $65 billion this year. OpenAI says it's on track to exceed $40 billion in annualized revenue.
Both companies annualize recent sales in roughly similar ways, The Information reported.
The biggest difference is what goes into that number.

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2 months ago

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