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Anthropic’s best AI model struggles to attract users as cheaper tools thrive

Simon Willison ·
Ramp’s July billing data put Fable 5 at just 8% of Anthropic model spend.

Willison cites FT-reported figures that Anthropic’s annualized revenue reached $65bn in July, up from $47bn in May. The same note says Anthropic told investors it had 6,000 customers spending at least $100,000 annually. The adoption detail comes from Ramp’s AI index, where cheaper or older Anthropic models accounted for larger shares than Fable 5 and Opus 5. Simon Willison's note

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