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May 28, 2026
Anthropic Revenue Hits $45B ARR, Surpasses OpenAI by 35% Ahead of IPOs
Anthropic's annualized revenue has reached nearly $45 billion — 35% higher than OpenAI's $33 billion ARR — as both companies race toward IPOs later this year. The revenue gap comes alongside Anthropic's first-ever quarterly operating profit of $559 million.
May 21, 2026
Anthropic Hits First-Ever Profit as Revenue Doubles to $10.9B
Anthropic is on track for its first quarterly operating profit in company history, projecting $10.9 billion in Q2 2026 revenue — more than double the prior quarter — with $559 million in operating income. The milestone comes as the startup commits $1.25 billion monthly to SpaceX for AI compute through 2029.
May 19, 2026
Jury Unanimously Rejects Musk OpenAI Lawsuit, Clearing Path to $1 Trillion IPO
A federal jury unanimously rejected Elon Musk's $150 billion lawsuit against OpenAI and Sam Altman, ruling he waited too long to file. The verdict, reached after less than two hours of deliberation, removes a major obstacle to OpenAI's planned IPO and sets a precedent for nonprofit-to-for-profit conversions in the AI industry.