Sources: OpenAI's Q2 revenue grew 18% QoQ to 6.7B, while its losses deepened; Anthropic's Q2 revenue more than doubled to 11.6B, with a small operating profit (Wall Street Journal)

Wall Street Journal: Sources: OpenAI's Q2 revenue grew 18% QoQ to 6.7B, while its losses deepened; Anthropic's Q2 revenue more than doubled to 11.6B, with a small operating profit — The ChatGPT-maker's revenue disappointed some investors, although the company told them its growth accelerated in the third quarter

Sources detail how OpenAI fell behind Anthropic in revenue growth and valuation after prioritizing consumer chatbots and flashy side projects over coding tools (Berber Jin/Wall Street Journal)
Sources: Anthropic is courting investors for what could be the biggest IPO ever, touting rapid growth and plans to address mounting public backlash against AI (Wall Street Journal)
Sources: Anthropic is finalizing a deal for a $1.5B JV with Blackstone, Goldman Sachs, Hellman & Friedman, and others to sell AI tools to PE-backed companies (Wall Street Journal)
Sources: OpenAI is preparing to file confidentially for an IPO as early as Friday; the company plans to be ready to go public as early as September (Wall Street Journal)

Source: Techmeme | 2026-08-18

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