ANTHROPIC PROJECTS $70B IN REVENUE BY 2028

Summary from the TLDR AI newsletter

The company projects API revenue of $3.8 billion this year, double OpenAI, and is targeting $20-26 billion in annual recurring revenue for 2026. OpenAI is aiming for $100 billion in revenue by 2027, but expects to lose $115 billion before reaching profitability in 2029, compared to Anthropic, which is projected to be cash flow positive by 2028.