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Benzinga
Benzinga
Business
Surbhi Jain

ChatGPT Vs. Anthropic: Can A 400% Growth Safety Play Beat Consumer Hype?

Anthropic ChatGPT OpenAI JPMorgan
Close-,Up,Of,Computer,Chip,With,Ai,Sign.,Artificial,Intelligence.

Anthropic may not dominate the zeitgeist like ChatGPT, but in enterprise AI, it's quietly running the table. The four-year-old company, spun out of OpenAI, has rocketed to a $183 billion valuation on the back of 400% year-to-date revenue growth and now commands about 30% of the enterprise LLM API market. JPMorgan analyst Brenda Duverce initiated coverage on the company, terming it the “fourth most valuable private company.”

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