AI Daily · 2026-08-24

Anthropic’s annualized revenue has climbed to $65 billion and it may turn profitable on a previous basis in Q3, but Ramp-based model adoption data shows its newest flagship Opus 5 taking only 3.5% of Anthropic model spend, far behind Opus 4.8 at 28.0%. OpenAI’s annualized revenue also rose 35% to over $40 billion, helped by the GPT-5.6 launch. Simon Willison sees cost as the key reason newer models like Fable 5 are under-adopted, with enterprise spend shifting clearly toward cheaper tools.

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⭐⭐ [Opinion] Anthropic’s best AI model struggles to attract users as cheaper tools thrive

According to an FT story, Anthropic's annualized revenue reached $65bn in July, up from $47bn in May, with the company expecting Q3 to be profitable under the same methodology used for Q2 and saying it has 6,000 customers spending $100,000 or more annually. OpenAI's annualized revenue has jumped 35% in the quarter to date to over $40bn, boosted by the GPT-5.6 launch in July. The post also highlights the Ramp AI index, which uses billing data from 70,000 companies to estimate model adoption: for Anthropic spending in July, Opus 4.8 accounted for 28.0%, Sonnet 4.6 8.3%, Fable 5 8.0%, while the newest Opus 5 only 3.5%. Willison says the numbers look reasonable and support the view that Fable 5's cost has made it a less popular model.