From yours truly on Friday’s @theallinpod “On the margin, Anthropic is losing share to OpenAI, to open source, and to Grok, and they're still growing so fast.” If the $65b is correct, then someone leaked it to help Anthropic on their forthcoming IPO roadshow. Basically, they are hoping will be able to say “we are now at a much higher ARR after bringing on capacity during July, August and September.” And after the Anthropic commentary during their potential September/October IPO roadshow and given that OpenAI is almost certainly taking significant share given how aggressive they were securing compute capacity, we should then expect a leak from OpenAI showing they are still growing faster. There is going to be so much gamesmanship into this IPO. I read the $65b as impressive both for Anthropic given their limited capacity and for AI overall given that Anthropic is likely losing some share. Reasonable minds can disagree. We shall see! Codex user numbers for reference; users have almost tripled over the last 5 weeks: