TLDR · MISCELLANEOUS

OPENAI'S SECOND-QUARTER SALES SHOW TEPID GROWTH COMPARED WITH ANTHROPIC

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Summary from the TLDR newsletter

OpenAI's revenue grew by 18% while its losses deepened from the first to the second quarter. Anthropic more than doubled its revenue in the same period, marking the first time its sales surpassed its older rival. It also swung to a small operating profit. The two companies' diverging fortunes show just how drastically the AI race has shifted since the beginning of the year.