OpenAI Misses Targets as Anthropic Hits $965 Billion

Anthropic just hit a $965B valuation and is now worth more than OpenAI. How did they get here so fast, and what does it mean for OpenAI's IPO?In this episode, we break down Anthropic's $65B Series H led by Sequoia, Altimeter, and Greenoaks, the Opus 4.8 model launch, and why Andrej Karpathy leaving for Anthropic matters. We also dig into OpenAI's IPO dilemma, their $25B revenue run rate versus Anthropic's $47B, missed user targets, and Sam Altman's surprising reversal on AI-driven job loss.CHAPTERS00:00 Anthropic overtakes OpenAI in valuation01:05 Capital efficiency and total fundraising compared02:04 Anthropic revenue run rate hits $47B03:00 Claude Code, Mythos preview, and the Discord hack05:35 Andrej Karpathy joins Anthropic06:30 Opus 4.8 features, effort control, and sub-agents08:20 Benchmarks and third-party accuracy concerns09:35 Carnegie Mellon sleep study and model performance10:35 OpenAI's IPO dilemma and CFO tensions12:30 OpenAI misses user targets and revenue lags14:33 Sam Altman walks back the jobs apocalypseIF YOU LIKED THIS, WATCH:→ Mythos Hacked by a Guess https://youtu.be/t-POODHfeZQ→ Mythos is Too Powerful to Release: https://youtu.be/ai_oGfsNa2g→ Pope Leo Comes for AI & Tech Despots: https://youtu.be/8HvB90SK-FsSOURCES & FURTHER READINGAI Model Releases and Product UpdatesAnthropic Series H Explained What It Means for the Future of AI Scaling: https://www.anthropic.com/news/series-h Claude Opus 4.8 Capabilities Breakthrough Performance Benchmarks and Use Cases: https://www.anthropic.com/news/claude-opus-4-8 Claude Code Dynamic Workflows New Automation Features for Developers: https://claude.com/blog/introducing-dynamic-workflows-in-claude-code New AI Research Paper Insights Into Next Generation Model Architectures: https://arxiv.org/pdf/2605.26099Funding Growth and AI Market CompetitionOpenAI Funding Rounds Full Breakdown Investors Valuation and Growth Timeline: https://tracxn.com/d/companies/openai/__kElhSG7uVGeFk1i71Co9-nwFtmtyMVT7f-YHMn4TFBg/funding-and-investors#funding-rounds Anthropic Funding History المستثمر Breakdown Valuation Growth and Key Backers: https://tracxn.com/d/companies/anthropic/__SzoxXDMin-NK5tKB7ks8yHr6S9Mz68pjVCzFEcGFZ08/funding-and-investors The Math Behind Anthropic Explosive Revenue Growth and AI Market Share Expansion: https://www.theinformation.com/newsletters/dealmaker/math-behind-anthropics-mad-revenue-growth OpenAI Revenue Miss What It Means for IPO Plans and AI Industry Competition: https://www.wsj.com/tech/ai/openai-misses-key-revenue-user-targets-in-high-stakes-sprint-toward-ipo-94a95273Talent Wars and Industry MovesAnthropic Hires Andrej Karpathy Strategic Talent Shift in the AI Arms Race: https://www.cnbc.com/2026/05/19/anthropic-hires-openai-cofounder-andrej-karpathy-former-tesla-ai-lead.htmlAI Jobs Economy and Future of WorkSam Altman Says AI Will Not Cause Job Apocalypse What Changes Instead: https://www.reuters.com/world/asia-pacific/openais-altman-says-ai-unlikely-lead-jobs-apocalypse-2026-05-26/ Economic Futures in the Age of AI How Automation Will Reshape Jobs and Growth: https://openaifoundation.org/news/economic-futures-in-the-age-of-ai FOLLOW GOOD REVENUE ON YOUTUBE! Or wherever you get your podcasts:YouTube: https://www.youtube.com/channel/UCHrhuWbpYnUwrR75H2Ip4yQ Spotify: https://open.spotify.com/show/44me6PABSQ0k0GfphM70auApple Podcast: https://podcasts.apple.com/us/podcast/good-revenue/id1707461473 Web: https://goodrevenue.io/ Hosted on Acast. See acast.com/privacy for more information.