From the Financial Times
Anthropic July revenue: $65B annualized. Investors had modeled over $80B.
OpenAI: over $40B annualized, up 35% quarter to date. GPT 5.6 reaccelerated them after a slow start to 2026.
FT says OpenAI is gaining ground on Anthropic.
Spending on Fable 5, Anthropic's most expensive model, has flatlined at about 11% of total Anthropic spend, two and a half months after launch.
Opus 5, Anthropic's cheaper model, launched in late July and has already passed Fable 5 in business spending. $NVDA