OpenAI (ChatGPT) and Anthropic (Claude) show clear differences in their business models and revenue streams. According to Tanay Jaipuria, OpenAI is expected to generate five times more revenue than Anthropic by the end of 2024. While OpenAI generates 73% of its revenue from ChatGPT subscriptions, 60-75% of Anthropic’s revenue comes from third-party APIs, primarily through Amazon. The two companies are closely aligned in the API business. At the same time, OpenAI’s dominance in the consumer market contrasts with Anthropic’s strength in the B2B sector.
There are similarities as well: Both companies report large losses and still require significant capital. They are relying on declining operating costs and potential price increases to become profitable in the long term.