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 (Wall Street Journal)

Techmeme ·

OpenAI and Anthropic reported diverging Q2 momentum, highlighting competitive pressure and profitability concerns among frontier AI labs.

Categories: Money & Moves

Excerpt

<a href="https://www.wsj.com/tech/ai/openais-second-quarter-sales-show-tepid-growth-compared-with-anthropic-5cb42998?st=6RaD3h&amp;reflink=desktopwebshare_permalink"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260818/i38.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260818/p38#a260818p38" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> <a href="https://www.wsj.com/">Wall Street Journal</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.wsj.com/tech/ai/openais-second-quarter-sales-show-tepid-growth-compared-with-anthropic-5cb42998?st=6RaD3h&amp;reflink=desktopwebshare_permalink">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</a></b></span>&nbsp; &mdash;&nbsp; The ChatGPT-maker's revenue disappointed some investors, although the company told them its growth accelerated in the third quarter</p>