So here’s where things stand… Anthropic hit $16.8B in Q3, yet its spend via ramp has jumped significantly in October At the same time, OpenAI growing considerably fast in Q3, close to matching Anthropic Plus, we have SpaceX and Google showing up Not to mention, agent revenues like GrokBot, Muse or Dots won’t show up here as that usage is in the companies own harness So my best guess is Anthopic sits above $70B ARR today, OpenAI is likely $60B-$70B and xAI, Muse and others are around $10B ARR So let’s say we’re close to $140B-$145B with 2.5 months left in the year All of this while agent use cases are gaining traction and accelerating within the last month.. a big reason why revenues across all the AI companies are growing again Hard to see us not hit $200B ARR by the end of the year across Anthropic, OpenAI, SpaceX and Meta Meanwhile, compute companies are down 10-15% on the day Seem extremely irrational… I’d say the market is giving us another incredible buying opportunity here