Two of the biggest names in artificial intelligence, Anthropic and OpenAI, are on very different financial journeys. New financial reports show that Anthropic is positioning itself to become profitable by 2027. At the same time, its main competitor, OpenAI, is facing large and growing losses that could hit $14 billion next year.
Internal financial documents show that Anthropic expects to be making as much as $70 billion in revenue by 2028. The company projects it will break even in 2027, which is two years ahead of OpenAI’s own goal of 2029. These different outlooks highlight the two companies’ different business plans. Anthropic has focused on a disciplined strategy of serving business clients first. In contrast, OpenAI has a consumer focused model that requires huge spending on infrastructure.
A Business First Strategy Fuels Anthropic’s Rise
Anthropic, which is based in San Francisco, has built its company around corporate customers. These clients now make up about 80 percent of its income, with over 300,000 businesses using its services. The company’s revenue is expected to grow quickly, from an estimated $5 billion in 2025 to as much as $70 billion by 2028. This growth is being driven by the fast adoption of its AI chatbot, named Claude, among large companies.
Key partnerships are helping to speed up this growth. In October, Salesforce announced it was expanding its work with Anthropic. It will make Claude a preferred AI model for its Agentforce platform, which is used in regulated fields like finance and healthcare. Microsoft, which has traditionally been a partner of OpenAI, also started adding Anthropic’s models to its Microsoft 365 and Copilot products in September. This came after Microsoft’s own tests showed that Claude was very good at automating tasks in programs like Excel and PowerPoint.
Large companies are now starting to use Claude widely. The consulting firm Deloitte is giving access to Claude to its 470,000 employees in 150 countries. Another major company, Cognizant, plans to provide the AI assistant to its 350,000 workers around the world. Paul Smith, Anthropic’s Chief Commercial Officer, said that companies need trusted AI that is both high performing and safe.
The Clear Path to Making a Profit
Anthropic’s financial future looks very strong. The company’s gross profit margin is predicted to improve dramatically. It is expected to go from a negative 94 percent last year to a positive 50 percent in 2025, and then reach 77 percent by 2028. This big change is due to the company becoming more efficient and its business to business model being easy to scale up.
One of the company’s biggest successes is its developer tool, Claude Code. This tool is now close to making $1 billion in yearly revenue, a big jump from about $400 million in July. The company’s API revenue is also projected to reach $3.8 billion this year. This is already more than the $1.8 billion that OpenAI is expected to make from its similar business services.
This success has brought in a lot of money from investors. In September, Anthropic raised $13 billion, which valued the company at $183 billion. This was almost three times its value from earlier in 2025. If the company continues to meet its goals, some analysts predict its future value could be between $300 billion and $400 billion.
OpenAI’s Financial Difficulties Continue
In contrast, OpenAI is still finding it hard to become profitable. This is happening even though it makes about $13 billion in yearly revenue and has 800 million weekly users. According to Microsoft’s financial reports, OpenAI lost more than $12 billion in just the third quarter of 2025.
OpenAI predicts its losses could be as high as $14 billion in 2026. The company’s total losses could reach $115 billion by 2029 as it spends more and more on infrastructure. Even with a goal of making $100 billion in revenue by 2027, the company does not expect to be profitable until 2029.
The different financial situations of the two companies show two different ideas about how to build an AI business. OpenAI is focused on reaching a huge number of consumers. Anthropic is focused on building a sustainable business with steady income from corporate clients. As the AI industry faces more rules and high costs, Anthropic’s model may show a better path to long term success.
