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Monday, October 26, 2026Updated 23:19 UTC

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Anthropic vs OpenAI: How Claude maker’s growth is challenging ChatGPT ahead of IPO

Source: Economic Times · Oct 26, 2026 16:27 UTC

Trading floor of the New York Stock Exchange with banks of monitors — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

Anthropic has seen significant revenue growth, reaching $16.29 billion in the first half of 2026. OpenAI continues to expand its business model while generating substantial revenues from its consumer and enterprise offerings. Both companies face financial pressures as they invest heavily in infrastructure and computing power. The competition between Anthropic and OpenAI is primarily driven by thei

Read the full story at Economic Times

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