A new internal memo from OpenAI’s top revenue executive shows that the ChatGPT creator is escalating its rivalry with Anthropic.
Denise Dresser, the newly appointed OpenAI revenue chief, told staff in a Sunday memo that Anthropic’s reported $30 billion run-rate revenue overstates the company’s actual business performance, CNBC reports.
Dresser says the figure is inflated by roughly $8 billion because of how Anthropic accounts for revenue shared with cloud partners.
“They use accounting treatment that makes revenue look bigger than it is, including grossing up rev share with Amazon and Google.”
She contrasts the approach with OpenAI’s own treatment of Microsoft revenue, saying the company reports it on a net basis.
“We report Microsoft rev share net, which is more in line with standards we would be held to as a public company.”
Anthropic has previously defended its accounting, saying it records gross revenue on partner sales when it is the principal in the transaction and that its approach is consistent with Generally Accepted Accounting Principles (GAAP), depending on deal structure.
A spokesperson for Anthropic has declined to comment.
Dresser also takes aim at Anthropic’s infrastructure planning, saying the Claude creator committed a “strategic misstep to not acquire enough compute.”
The new OpenAI executive says OpenAI can still come out on top of the AI race, while urging employees to stay focused on customers and execution rather than market distractions.
“The market is ours to win, let’s execute accordingly.”
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