OpenAI and Anthropic Face Cost Squeeze as Enterprises Shift Away; Anthropic's Revenue Hits $47B Annualized

According to CNBC, OpenAI and Anthropic are facing mounting pressure to shift from token maximization toward cost efficiency as enterprise customers increasingly pull back on AI spending. Lindy CEO Flo Crivello moved the startup entirely from Anthropic's Claude models to cheaper DeepSeek alternatives this month, saving the company millions of dollars. Anthropic's annualized revenue rate reached $47 billion in May, up from $10 billion in 2025, while OpenAI's run rate paced closer to $25 billion, up from $13.1 billion in 2025. Competitors including Microsoft, Google, and Amazon are launching lower-cost models, intensifying the pressure. Both companies filed confidentially for IPOs in early June as market sentiment shifts.
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