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ANTHROPIC OVERTAKES OPENAI
OpenAI reports nearly $6 billion Q1 revenue, $1 billion more than Anthropic: ReportOpenAI reported $5.7 billion in first-quarter revenue, leading Anthropic by $1 billion. However, Anthropic projects its second-quarter reve...
Anthropic overtakes OpenAI in enterprise artificial intelligence raceNew data reveals Anthropic has surpassed OpenAI in enterprise AI spending, with 34.4% of surveyed companies paying for its products in Apri...
Anthropic hits $1.2 trillion implied valuation after 20% surge in 7 days – here's why the AI startup is overtaking OpenAI in pre-IPO marketAnthropic pre-IPO valuation explained: AI startup Anthropic's implied pre-IPO valuation has surged to a record $1.2 trillion, a 20% increas...
Job cuts at Freshworks; Meesho, PB Fintech Q4 earningsFreshworks announced job cuts as it ramps up AI focus. This and more in today's ETtech Top 5.
Anthropic commits to spending $200 billion on Google's cloud and chips: ReportAI startup Anthropic will spend a massive $200 billion with Google Cloud over five years. This deal significantly boosts Google's revenue b...
Alphabet closes in on Nvidia's spot as world's biggest companyAlphabet is nearing the top spot as the world's most valuable company. Its stock is surging due to strong artificial intelligence progress ...
US market today: Alphabet closes in on Nvidia's spot as world's biggest companyAlphabet is nearing Nvidia's valuation, driven by a strong stock rally fueled by its AI advancements and robust cloud business. This surge ...
Infosys Q4 profit spikes; Flipkart mulls separate app for MinutesInfosys closed FY26 with strong numbers aided by a pickup in demand from its banking, energy and communication segments. This and more in...
Amazon's Now pivot; Anthropic's revenue surgeAmazon is shuttering its Fresh service in major cities to focus on its quick commerce platform. This and more in today's ETtech Top 5.
Anthropic’s revenue run rate crosses $30 billion, secures Broadcom dealAnthropic, led by Dario Amodei, said its revenue run rate has now topped $30 billion, up from $9 billion at the end of 2025, and confirmed ...
ETtech Explainer: Anthropic’s rapid rise, Pentagon standoff and everything in betweenAnthropic is nearing $20 billion in annual revenue, more than doubling its run rate since late 2025, driven by strong adoption of AI produc...
ChatGPT uninstalls surge 295% in US after OpenAI’s AI deal with PentagonChatGPT mobile app uninstalls in the US jumped 295% day-over-day after OpenAI’s Pentagon deal. Downloads fell 13% on Saturday and 5% on Sun...
Ola Electric loses speed; AWS ops in Middle East hitOla Electric dropped from the top five in EV two-wheeler market share for February. This and more in today's ETtech Top 5.
China’s AI reality check: Why tech leaders say beating US AI giants is unlikely anytime soonChina vs US AI race: China's top AI minds are downplaying hopes of surpassing US rivals soon. Executives from Alibaba, Tencent, and Zhipu A...
India a 'talent-dense' AI market, not just a large user base for tech firms to harvest: Lightspeed’s Ravi MhatreMhatre called India a “talent-dense” market for AI, explaining that its established IT ecosystem and strong Indo-US tech ties ensure a high...
Meta unveils biggest Llama 3 AI model, touting language and math gainsMeta’s Llama 3, featuring 405 billion parameters, rivals OpenAI and Amazon. Enhanced coding and math, scoring 73.8 on MATH and 88.6 on MMLU...
Former OpenAI cofounder launches new AI companyIlya Sutskever, cofounder of OpenAI, launched Safe Superintelligence Inc (SSI) shortly after leaving OpenAI, joined by Jan Leike who now le...