{"id":92897,"topic":"ai","source":"Yahoo Finance","title":"How Anthropic overtook OpenAI to become the AI lab to beat - Yahoo Finance","url":"https://finance.yahoo.com/markets/stocks/article/how-anthropic-overtook-openai-to-become-the-ai-lab-to-beat-133055747.html","url_hash":"e4346d152e4d91844d87023b1b61cd495f64af0c","author":"","summary":"How Anthropic overtook OpenAI to become the AI lab to beat Yahoo Finance","content":"Anthropic's (ANTH.PVT) year-over-year revenue growth is soaring, underscoring how quickly the five-year-old company has grown in popularity across the enterprise.\nAccording to Reuters, which obtained a leaked copy of Anthropic's S-1 ahead of its public reveal, the company's 2025 revenue grew 12x, ending the year at nearly $4.6 billion. Though it's net losses have also mounted, soaring to $42 billion in 2025, the report states.\nStill, the company is targeting a $2 trillion valuation via its initial public offering (IPO), expected later this fall.\nAnthropic's chief rival, OpenAI (OPAI.PVT), meanwhile, is expected to hold off on its own much-anticipated IPO until early 2027. It's currently targeting a $1.5 trillion valuation via a pre-IPO funding round, according to the New York Times.\nThe two companies remained locked in a tight race for AI dominance, despite OpenAI's first-mover advantage and the fact that it's years older than Anthropic.\nCEO Dario Amodei, president Daniela Amodei, and five others founded Anthropic in 2021 after leaving OpenAI over disagreements related to alignment and safety. Altman, meanwhile, co-founded OpenAI in 2015 alongside current president Greg Brockman.\nOpenAI put generative AI on the map with the debut of ChatGPT in late 2022. But while OpenAI targeted the consumer space and looked to expand into areas including its now-shuttered video-generation app, Sora, Anthropic focused its efforts on the enterprise market.\nPart of that included the company's Claude coding software, which became a hit among coders and made it a massive success.\nAnthropic followed that up with its Claude Cowork tool, which sent shockwaves through the software-as-a-service (SaaS) market amid fears that it and other AI products would eliminate the need for their platforms.\nIn March, OpenAI decided to avoid so-called \"side quests\" and focus on its coding and enterprise tools, according to The Wall Street Journal.\nThat push has driven strong growth within the company's enterprise division, which now generates more revenue than its consumer offerings, CNBC reported.\nWhile Anthropic is still in the lead for the moment, OpenAI could take the pole position at any time, and there's no sign that the back-and-forth is slowing.\nEarlier this month, Anthropic debuted its Fable 5.1 and Mythos 5.1 AI models. Just a few days later, OpenAI announced its GPT-6 Astra model, claiming it tops Anthropic's offerings in certain tasks.\nAnd while benchmarks and model rankings are important, it will soon be up to investors to determine which AI giant is the better one.\nEmail Daniel Howley at dhowley@yahoofinance.com. Follow him on Twitter at @DanielHowley.","image_url":"https://s.yimg.com/lo/mysterio/api/9f7528cbcf62754b8d8a06cdc9179d66466ac835c2a6129b78e56113dbfc0bea/lightyear_networkapi/resizefill_w1200%3Bquality_80%3Bformat_webp/https%3A%2F%2Fd29szjachogqwa.cloudfront.net%2Fimages%2Fuser-uploaded%2F47fa56e0-01ab-11f1-abbe-b5f31857e293_aac9ab912113e76a96e88af989f3f682722b6bc4742d1b7823c46056250bdfeb.jpg","lang":"en","published_at":"2026-09-29T13:30:55+00:00","fetched_at":"2026-09-29T16:15:04+00:00","status":"read","starred":0,"extract_state":"ok","summary_auto":"Anthropic's (ANTH.PVT) year-over-year revenue growth is soaring, underscoring how quickly the five-year-old company has grown in popularity across the enterprise. According to Reuters, which obtained a leaked copy of Anthropic's S-1 ahead of its public reveal, the company's 2025 revenue grew 12x, ending the year at nearly $4.6 billion.","cluster_id":null,"extract_retries":0,"extract_error":null,"contract_version":"news_item.v1","format_contract_version":"news_item_formats.v1","dedup_url":"https://finance.yahoo.com/markets/stocks/article/how-anthropic-overtook-openai-to-become-the-ai-lab-to-beat-133055747.html","quality_profile":{"profile_version":"extraction_quality.v2","bucket":"high","confidence":0.9,"failure_kind":"none","retryable":false,"retry_after_attempts":0,"reason":"High confidence: full text extraction produced 2674 characters.","operator_guidance":{"severity":"ok","recommended_action":"trust_full_text","next_step":"Use the extracted full text as the primary article source.","operator_label":"Ready","can_retry":false,"can_use_summary":false,"diagnostics_required":false},"content_depth":{"contract_version":"content_depth.v1","category":"full_text","label":"Full text","has_full_text":true,"has_summary":true,"content_length":2674,"summary_length":337,"usable_text_length":2674,"source_field":"content"},"legacy_collapsed":false,"signals":{"extract_state":"ok","extract_error":null,"extract_retries":0,"content_length":2674,"summary_length":337}},"news_item":{"id":92897,"canonical_url":"https://finance.yahoo.com/markets/stocks/article/how-anthropic-overtook-openai-to-become-the-ai-lab-to-beat-133055747.html","source_url":"https://finance.yahoo.com/markets/stocks/article/how-anthropic-overtook-openai-to-become-the-ai-lab-to-beat-133055747.html","title":"How Anthropic overtook OpenAI to become the AI lab to beat - Yahoo Finance","source_name":"Yahoo Finance","author":null,"published_at":"2026-09-29T13:30:55+00:00","locale":"en","topic":"ai","tags":[],"rss_summary":"How Anthropic overtook OpenAI to become the AI lab to beat Yahoo Finance","full_text":"Anthropic's (ANTH.PVT) year-over-year revenue growth is soaring, underscoring how quickly the five-year-old company has grown in popularity across the enterprise.\nAccording to Reuters, which obtained a leaked copy of Anthropic's S-1 ahead of its public reveal, the company's 2025 revenue grew 12x, ending the year at nearly $4.6 billion. Though it's net losses have also mounted, soaring to $42 billion in 2025, the report states.\nStill, the company is targeting a $2 trillion valuation via its initial public offering (IPO), expected later this fall.\nAnthropic's chief rival, OpenAI (OPAI.PVT), meanwhile, is expected to hold off on its own much-anticipated IPO until early 2027. It's currently targeting a $1.5 trillion valuation via a pre-IPO funding round, according to the New York Times.\nThe two companies remained locked in a tight race for AI dominance, despite OpenAI's first-mover advantage and the fact that it's years older than Anthropic.\nCEO Dario Amodei, president Daniela Amodei, and five others founded Anthropic in 2021 after leaving OpenAI over disagreements related to alignment and safety. Altman, meanwhile, co-founded OpenAI in 2015 alongside current president Greg Brockman.\nOpenAI put generative AI on the map with the debut of ChatGPT in late 2022. But while OpenAI targeted the consumer space and looked to expand into areas including its now-shuttered video-generation app, Sora, Anthropic focused its efforts on the enterprise market.\nPart of that included the company's Claude coding software, which became a hit among coders and made it a massive success.\nAnthropic followed that up with its Claude Cowork tool, which sent shockwaves through the software-as-a-service (SaaS) market amid fears that it and other AI products would eliminate the need for their platforms.\nIn March, OpenAI decided to avoid so-called \"side quests\" and focus on its coding and enterprise tools, according to The Wall Street Journal.\nThat push has driven strong growth within the company's enterprise division, which now generates more revenue than its consumer offerings, CNBC reported.\nWhile Anthropic is still in the lead for the moment, OpenAI could take the pole position at any time, and there's no sign that the back-and-forth is slowing.\nEarlier this month, Anthropic debuted its Fable 5.1 and Mythos 5.1 AI models. Just a few days later, OpenAI announced its GPT-6 Astra model, claiming it tops Anthropic's offerings in certain tasks.\nAnd while benchmarks and model rankings are important, it will soon be up to investors to determine which AI giant is the better one.\nEmail Daniel Howley at dhowley@yahoofinance.com. Follow him on Twitter at @DanielHowley.","excerpt":"Anthropic's (ANTH.PVT) year-over-year revenue growth is soaring, underscoring how quickly the five-year-old company has grown in popularity across the enterprise. According to Reuters, which obtained a leaked copy of Anthropic's S-1 ahead of its public reveal, the company's 2025 revenue grew 12x, ending the year at nearly $4.6 billion.","extraction":{"state":"ok","confidence":0.9,"error":null,"explanation":"High confidence: full text extraction produced 2674 characters.","diagnostics_url":"/api/diagnose?url=https%3A//finance.yahoo.com/markets/stocks/article/how-anthropic-overtook-openai-to-become-the-ai-lab-to-beat-133055747.html","quality_profile":{"profile_version":"extraction_quality.v2","bucket":"high","confidence":0.9,"failure_kind":"none","retryable":false,"retry_after_attempts":0,"reason":"High confidence: full text extraction produced 2674 characters.","operator_guidance":{"severity":"ok","recommended_action":"trust_full_text","next_step":"Use the extracted full text as the primary article source.","operator_label":"Ready","can_retry":false,"can_use_summary":false,"diagnostics_required":false},"content_depth":{"contract_version":"content_depth.v1","category":"full_text","label":"Full text","has_full_text":true,"has_summary":true,"content_length":2674,"summary_length":337,"usable_text_length":2674,"source_field":"content"},"legacy_collapsed":false,"signals":{"extract_state":"ok","extract_error":null,"extract_retries":0,"content_length":2674,"summary_length":337}}},"display_formats":["compact","card","full","digest_section","json"]},"daily_stack_record":{"title":"How Anthropic overtook OpenAI to become the AI lab to beat - Yahoo Finance","url":"https://finance.yahoo.com/markets/stocks/article/how-anthropic-overtook-openai-to-become-the-ai-lab-to-beat-133055747.html","summary":"Anthropic's (ANTH.PVT) year-over-year revenue growth is soaring, underscoring how quickly the five-year-old company has grown in popularity across the enterprise. 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It's currently targeting a $1.5 trillion valuation via a pre-IPO funding round, according to the New York Times.\nThe two companies remained locked in a tight race for AI dominance, despite OpenAI's first-mover advantage and the fact that it's years older than Anthropic.\nCEO Dario Amodei, president Daniela Amodei, and five others founded Anthropic in 2021 after leaving OpenAI over disagreements related to alignment and safety. Altman, meanwhile, co-founded OpenAI in 2015 alongside current president Greg Brockman.\nOpenAI put generative AI on the map with the debut of ChatGPT in late 2022. But while OpenAI targeted the consumer space and looked to expand into areas including its now-shuttered video-generation app, Sora, Anthropic focused its efforts on the enterprise market.\nPart of that included the company's Claude coding software, which became a hit among coders and made it a massive success.\nAnthropic followed that up with its Claude Cowork tool, which sent shockwaves through the software-as-a-service (SaaS) market amid fears that it and other AI products would eliminate the need for their platforms.\nIn March, OpenAI decided to avoid so-called \"side quests\" and focus on its coding and enterprise tools, according to The Wall Street Journal.\nThat push has driven strong growth within the company's enterprise division, which now generates more revenue than its consumer offerings, CNBC reported.\nWhile Anthropic is still in the lead for the moment, OpenAI could take the pole position at any time, and there's no sign that the back-and-forth is slowing.\nEarlier this month, Anthropic debuted its Fable 5.1 and Mythos 5.1 AI models. Just a few days later, OpenAI announced its GPT-6 Astra model, claiming it tops Anthropic's offerings in certain tasks.\nAnd while benchmarks and model rankings are important, it will soon be up to investors to determine which AI giant is the better one.\nEmail Daniel Howley at dhowley@yahoofinance.com. 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It's currently targeting a $1.5 trillion valuation via a pre-IPO funding round, according to the New York Times.\nThe two companies remained locked in a tight race for AI dominance, despite OpenAI's first-mover advantage and the fact that it's years older than Anthropic.\nCEO Dario Amodei, president Daniela Amodei, and five others founded Anthropic in 2021 after leaving OpenAI over disagreements related to alignment and safety. Altman, meanwhile, co-founded OpenAI in 2015 alongside current president Greg Brockman.\nOpenAI put generative AI on the map with the debut of ChatGPT in late 2022. But while OpenAI targeted the consumer space and looked to expand into areas including its now-shuttered video-generation app, Sora, Anthropic focused its efforts on the enterprise market.\nPart of that included the company's Claude coding software, which became a hit among coders and made it a massive success.\nAnthropic followed that up with its Claude Cowork tool, which sent shockwaves through the software-as-a-service (SaaS) market amid fears that it and other AI products would eliminate the need for their platforms.\nIn March, OpenAI decided to avoid so-called \"side quests\" and focus on its coding and enterprise tools, according to The Wall Street Journal.\nThat push has driven strong growth within the company's enterprise division, which now generates more revenue than its consumer offerings, CNBC reported.\nWhile Anthropic is still in the lead for the moment, OpenAI could take the pole position at any time, and there's no sign that the back-and-forth is slowing.\nEarlier this month, Anthropic debuted its Fable 5.1 and Mythos 5.1 AI models. Just a few days later, OpenAI announced its GPT-6 Astra model, claiming it tops Anthropic's offerings in certain tasks.\nAnd while benchmarks and model rankings are important, it will soon be up to investors to determine which AI giant is the better one.\nEmail Daniel Howley at dhowley@yahoofinance.com. 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According to Reuters, which obtained a leaked copy of…","badges":["quality:high"],"links":{"read":"/item/92897","original":"https://finance.yahoo.com/markets/stocks/article/how-anthropic-overtook-openai-to-become-the-ai-lab-to-beat-133055747.html","diagnose":"/api/diagnose?url=https%3A//finance.yahoo.com/markets/stocks/article/how-anthropic-overtook-openai-to-become-the-ai-lab-to-beat-133055747.html"},"quality_warning":null},"export":{"title":"How Anthropic overtook OpenAI to become the AI lab to beat - Yahoo Finance","url":"https://finance.yahoo.com/markets/stocks/article/how-anthropic-overtook-openai-to-become-the-ai-lab-to-beat-133055747.html","summary":"Anthropic's (ANTH.PVT) year-over-year revenue growth is soaring, underscoring how quickly the five-year-old company has grown in popularity across the enterprise. According to Reuters, which obtained a leaked copy of Anthropic's S-1 ahead of its public reveal, the company's 2025 revenue grew 12x, ending the year at nearly $4.6 billion.","source":"Yahoo Finance","date":"2026-09-29T13:30:55+00:00","content":"Anthropic's (ANTH.PVT) year-over-year revenue growth is soaring, underscoring how quickly the five-year-old company has grown in popularity across the enterprise.\nAccording to Reuters, which obtained a leaked copy of Anthropic's S-1 ahead of its public reveal, the company's 2025 revenue grew 12x, ending the year at nearly $4.6 billion. Though it's net losses have also mounted, soaring to $42 billion in 2025, the report states.\nStill, the company is targeting a $2 trillion valuation via its initial public offering (IPO), expected later this fall.\nAnthropic's chief rival, OpenAI (OPAI.PVT), meanwhile, is expected to hold off on its own much-anticipated IPO until early 2027. It's currently targeting a $1.5 trillion valuation via a pre-IPO funding round, according to the New York Times.\nThe two companies remained locked in a tight race for AI dominance, despite OpenAI's first-mover advantage and the fact that it's years older than Anthropic.\nCEO Dario Amodei, president Daniela Amodei, and five others founded Anthropic in 2021 after leaving OpenAI over disagreements related to alignment and safety. Altman, meanwhile, co-founded OpenAI in 2015 alongside current president Greg Brockman.\nOpenAI put generative AI on the map with the debut of ChatGPT in late 2022. But while OpenAI targeted the consumer space and looked to expand into areas including its now-shuttered video-generation app, Sora, Anthropic focused its efforts on the enterprise market.\nPart of that included the company's Claude coding software, which became a hit among coders and made it a massive success.\nAnthropic followed that up with its Claude Cowork tool, which sent shockwaves through the software-as-a-service (SaaS) market amid fears that it and other AI products would eliminate the need for their platforms.\nIn March, OpenAI decided to avoid so-called \"side quests\" and focus on its coding and enterprise tools, according to The Wall Street Journal.\nThat push has driven strong growth within the company's enterprise division, which now generates more revenue than its consumer offerings, CNBC reported.\nWhile Anthropic is still in the lead for the moment, OpenAI could take the pole position at any time, and there's no sign that the back-and-forth is slowing.\nEarlier this month, Anthropic debuted its Fable 5.1 and Mythos 5.1 AI models. Just a few days later, OpenAI announced its GPT-6 Astra model, claiming it tops Anthropic's offerings in certain tasks.\nAnd while benchmarks and model rankings are important, it will soon be up to investors to determine which AI giant is the better one.\nEmail Daniel Howley at dhowley@yahoofinance.com. 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