OpenAI Disputes Anthropic Revenue by Billions

Reddit r/ArtificialInteligence 06/11/26, 08:59 PM News

revenue-dispute accounting anthropic openai sec cloud-reseller ai-industry

Summary

OpenAI's CRO claims Anthropic's $30 billion run rate is overstated by ~$8 billion due to gross accounting on cloud reseller transactions; the SEC may need to set precedent for AI companies using hyperscaler distribution.

OpenAI CRO Denise Dresser circulated an internal memo contending Anthropic's $30 billion run rate overstates actual revenue by roughly $8 billion through gross accounting on cloud reseller transactions, a figure Anthropic rejects by arguing it is the principal in those deals with AWS and Google Cloud serving as distribution channels. The SEC will have to adjudicate which accounting treatment applies to AI platform companies distributing through hyperscaler channels, setting precedent for every future AI company with similar partnership structures. Secondary markets already diverge sharply: Anthropic has $2 billion in queued buy-side demand with no sellers, while OpenAI trades at a 10% discount amid CFO-level uncertainty about its 2026 IPO readiness. source : [https://aiweekly.co/alerts/openai-disputes-anthropic-revenue-by-billions](https://aiweekly.co/alerts/openai-disputes-anthropic-revenue-by-billions)

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