Home
OpenAI internal letter: Anthropic overstated revenue by $8 billion, still less than OpenAI's
A leaked four-page internal memo from Denice Drescher, OpenAI's Chief Revenue Officer, reportedly obtained by Readhub, sharply questions the revenue figures recently released by rival Anthropic, calling them "heavily inflated" and alleging that Anthropic's products cannot sustain platform-level competition.
The Core Dispute: Financial Gimmicks Behind the $30 Billion Figure
A week ago, Anthropic announced that its annualized revenue had hit $30 billion, seemingly surpassing OpenAI at a stroke. But the memo claims those numbers are inflated:
Statistical Differences: OpenAI accuses Anthropic of using the "gross method" for revenue sharing with cloud providers, padding its revenue by $8 billion.
True Ranking: If recalculated using the "net method" standard for public companies, Anthropic 's actual annualized revenue would be around $22 billion — still below OpenAI 's $25 billion.
Compute Bottleneck: The memo claims Anthropic has been unable to secure sufficient compute capacity, resulting in a subpar user experience for its flagship model Claude in real-world use.
Strategic Battle: A Niche Developer Tool vs. an Enterprise Platform
Beyond the financial accusations, OpenAI took a swipe at Anthropic's overall product strategy:
Product Specialization: It criticized Anthropic for being overly focused on coding use cases — while technically deep, such specialization makes it hard to win the broader platform battle.
System Building: OpenAI portrays itself as building a full enterprise AI ecosystem, devoted to "democratizing AI," rather than just a single-purpose tool.
Talent Acquisition: On the same day, OpenAI announced it had acquired the AI finance app company Hiro Finance. The move is seen as a deliberate "learning" effort — by absorbing financial talent to bolster its presence in lifestyle and professional use cases, it aims to counter Anthropic 's vertical push.
Industry Perspective: The Anxiety Beneath an $85.2 Billion Valuation
Beneath the public sparring lies the capital market's growing caution about the AI bubble:
Valuation Discount: Although OpenAI's valuation has reached $85.2 billion, investors are increasingly skeptical about its strategic pivot and revenue authenticity.
Market Trends: In contrast, Anthropic shares have been eagerly bought in the secondary market, while OpenAI shares have been largely ignored — a dynamic that may explain the aggressive tone of this internal memo.
Conclusion: The Model Crisis Behind the Revenue Race
That OpenAI would leak an internal memo to damage a competitor's credibility signals just how brutal the AI race has become. For users, the real question isn't who reports higher revenue — it's who, in an era of compute scarcity, can deliver true AGI without compromising intelligence or cooking the books.
Related article
Doubao Unveils Skills, Connectors, and Work Partners to Transform Chat Assistant Into Smart Office Platform
Doubao has recently upgraded its task mode with three new features—skills, connectors, and work partners—significantly boosting its collaborative office capabilities. With over 200 skills and connectors already available, the platform also empowers u
Apple HomePod mini 2 Set for Autumn Debut, Powered by Custom AI Chip After Six-Year Development
It has been nearly six years since the Apple HomePod mini launched, and an update is finally on the horizon. Recent reports suggest the second-generation model could arrive this fall, with the extended wait attributed to the need for next-generation
OpenAI Adds Independent Safety Checks to Early AI Model Development
As worries about AI risks intensify, OpenAI has unveiled new safety governance measures. The company plans to move beyond its traditional internal testing loop by engaging independent third-party organizations earlier in the development cycle for sys
Related Special Topic Recommendations
writing
AI Technical Documentation Tools for Developer Teams
2026 Latest Best Top-rated AI Technical Documentation Tools for Developer Teams! XIX.AI has curated a powerful, game-changing collection of must-try tools that go through rigorous real-world tests and weekly updated rankings. These top-rated solutions help teams boost productivity dramatically by streamlining content creation, fixing documentation errors, and accelerating coding workflows across all projects. Explore now to Discover your perfect tool for unlocking your AI edge!
13 tools
xix.ai
Software Development
AI Bug Triage Assistants: Rank Issues by Severity and User Impact
2026 Latest Best Top-rated AI Bug Triage Assistants Ranked! This curated collection showcases powerful game-changing tools that help teams quickly sort bugs by severity and user impact, saving valuable time. XIX.AI offers a free vs paid comparison along with real-world tests to help you find the must-try solution that boosts productivity significantly. Explore now to Discover your perfect tool for streamlining development workflows!
10 tools
xix.ai
code
Best AI Coding Tools for Python and JavaScript
2026 Latest Best Top-Rated AI Coding Tools for Python and JavaScript are here on XIX.AI’s curated list. These powerful game-changing tools have undergone rigorous real-world tests to deliver exceptional results for writing efficient code, fixing bugs, and boosting productivity. Get a free vs paid comparison and see which options suit your needs. Explore now to Discover your perfect coding tool and Unlock your AI edge.
10 tools
xix.ai
Academic Research
Best AI Citation Mapping Tools for Research Discovery
2026 Latest Best Top-Rated AI Citation Mapping Tools for Research Discovery! XIX.AI has curated a powerful, game-changing collection of must-try tools that go through rigorous real-world tests to deliver accurate results. You’ll find detailed free vs paid comparisons, weekly updated rankings, and insights to help you boost your research efficiency and uncover valuable data faster. Explore now to discover your perfect tool for academic work! 238 characters
11 tools
xix.ai
SEO
AI Meta Tag Tools for Faster On Page SEO
2026 Latest Best Top-rated AI Meta Tag Tools for Faster On Page SEO! XIX.AI has curated a powerful, game-changing collection of highly reliable tools that undergo rigorous real-world tests. You’ll find a free vs paid comparison along with detailed rankings to help you choose the perfect option for boosting your content’s search visibility and improving writing efficiency. Explore now to Unlock your AI edge!
9 tools
xix.ai
Health & Wellness
AI Habit Tracking Tools for Personal Health Goals
2026 Latest Best AI Habit Tracking Tools for Personal Health Goals are here on XIX.AI! Our curated top-rated list includes powerful, game-changing solutions that help you stay consistent with your goals through real-world tests and strict rankings. We also offer a free vs paid comparison to help you choose the perfect fit. Explore now to Unlock your AI edge in achieving better health outcomes.
10 tools
xix.ai
Comments (0)
0/500
A leaked four-page internal memo from Denice Drescher, OpenAI's Chief Revenue Officer, reportedly obtained by Readhub, sharply questions the revenue figures recently released by rival Anthropic, calling them "heavily inflated" and alleging that Anthropic's products cannot sustain platform-level competition.
The Core Dispute: Financial Gimmicks Behind the $30 Billion Figure
A week ago,
Statistical Differences:
True Ranking: If recalculated using the "net method" standard for public companies,
Compute Bottleneck: The memo claims
Strategic Battle: A Niche Developer Tool vs. an Enterprise Platform
Beyond the financial accusations, OpenAI took a swipe at Anthropic's overall product strategy:
Product Specialization: It criticized
System Building:
Talent Acquisition: On the same day, OpenAI announced it had acquired the AI finance app company Hiro Finance. The move is seen as a deliberate "learning" effort — by absorbing financial talent to bolster its presence in lifestyle and professional use cases, it aims to counter
Industry Perspective: The Anxiety Beneath an $85.2 Billion Valuation
Beneath the public sparring lies the capital market's growing caution about the AI bubble:
Valuation Discount: Although OpenAI's valuation has reached $85.2 billion, investors are increasingly skeptical about its strategic pivot and revenue authenticity.
Market Trends: In contrast,
Conclusion: The Model Crisis Behind the Revenue Race
That OpenAI would leak an internal memo to damage a competitor's credibility signals just how brutal the AI race has become. For users, the real question isn't who reports higher revenue — it's who, in an era of compute scarcity, can deliver true AGI without compromising intelligence or cooking the books.
Doubao Unveils Skills, Connectors, and Work Partners to Transform Chat Assistant Into Smart Office Platform
Doubao has recently upgraded its task mode with three new features—skills, connectors, and work partners—significantly boosting its collaborative office capabilities. With over 200 skills and connectors already available, the platform also empowers u
Apple HomePod mini 2 Set for Autumn Debut, Powered by Custom AI Chip After Six-Year Development
It has been nearly six years since the Apple HomePod mini launched, and an update is finally on the horizon. Recent reports suggest the second-generation model could arrive this fall, with the extended wait attributed to the need for next-generation
OpenAI Adds Independent Safety Checks to Early AI Model Development
As worries about AI risks intensify, OpenAI has unveiled new safety governance measures. The company plans to move beyond its traditional internal testing loop by engaging independent third-party organizations earlier in the development cycle for sys
2026 Latest Best Top-rated AI Technical Documentation Tools for Developer Teams! XIX.AI has curated a powerful, game-changing collection of must-try tools that go through rigorous real-world tests and weekly updated rankings. These top-rated solutions help teams boost productivity dramatically by streamlining content creation, fixing documentation errors, and accelerating coding workflows across all projects. Explore now to Discover your perfect tool for unlocking your AI edge!
13 tools
xix.ai
2026 Latest Best Top-rated AI Bug Triage Assistants Ranked! This curated collection showcases powerful game-changing tools that help teams quickly sort bugs by severity and user impact, saving valuable time. XIX.AI offers a free vs paid comparison along with real-world tests to help you find the must-try solution that boosts productivity significantly. Explore now to Discover your perfect tool for streamlining development workflows!
10 tools
xix.ai
2026 Latest Best Top-Rated AI Coding Tools for Python and JavaScript are here on XIX.AI’s curated list. These powerful game-changing tools have undergone rigorous real-world tests to deliver exceptional results for writing efficient code, fixing bugs, and boosting productivity. Get a free vs paid comparison and see which options suit your needs. Explore now to Discover your perfect coding tool and Unlock your AI edge.
10 tools
xix.ai
2026 Latest Best Top-Rated AI Citation Mapping Tools for Research Discovery! XIX.AI has curated a powerful, game-changing collection of must-try tools that go through rigorous real-world tests to deliver accurate results. You’ll find detailed free vs paid comparisons, weekly updated rankings, and insights to help you boost your research efficiency and uncover valuable data faster. Explore now to discover your perfect tool for academic work! 238 characters
11 tools
xix.ai
2026 Latest Best Top-rated AI Meta Tag Tools for Faster On Page SEO! XIX.AI has curated a powerful, game-changing collection of highly reliable tools that undergo rigorous real-world tests. You’ll find a free vs paid comparison along with detailed rankings to help you choose the perfect option for boosting your content’s search visibility and improving writing efficiency. Explore now to Unlock your AI edge!
9 tools
xix.ai
2026 Latest Best AI Habit Tracking Tools for Personal Health Goals are here on XIX.AI! Our curated top-rated list includes powerful, game-changing solutions that help you stay consistent with your goals through real-world tests and strict rankings. We also offer a free vs paid comparison to help you choose the perfect fit. Explore now to Unlock your AI edge in achieving better health outcomes.
10 tools
xix.ai
