Why Anthropic could be in trouble, OpenAI may be catching up & what they should do next (+ an apology!)

<p>First off, we are so sorry for the upload process mistake. Thank you to everyone who notified us about the mistake. It won&#39;t happen again!</p><p><br></p><p>Anyway.....to the episode....</p><p><br></p><p>In February, Anthropic&#39;s revenue run rate was $14bn. </p><p>By the end of July it was reported at more than $65bn, ahead of OpenAI. </p><p>It&#39;s now said to want a $2 trillion valuation at its IPO, but I think it could be in trouble (or at least starting to slow down). </p><p>Its growth is slowing fast, the price of its product keeps falling, and it has signed up for about $400bn of computing it can&#39;t cancel.</p><p>In this episode of In The Loop, I&#39;m going through why I think Anthropic&#39;s growth is plateauing, how OpenAI has been catching up by going after Anthropic&#39;s business customers, and what both companies will likely do next. </p><p><br></p><p>⏭️ Episode highlights</p><p>(01:07) – The founder who moved off Claude</p><p><br></p><p>(02:30) – Doubling time goes from 8 weeks to 17</p><p><br></p><p>(04:26) – Token prices down about 40% since March</p><p><br></p><p>(06:23) – The roughly $400bn bill Anthropic can&#39;t cancel</p><p><br></p><p>(08:12) – How OpenAI got to almost $70bn</p><p><br></p><p>(14:06) – Four things I expect to happen</p><p><br></p><p>(15:24) – What Anthropic and OpenAI must do</p>