Anthropic · Microsoft · OpenAI · Claude · Google · Amazon · CNBC Technology
OpenAI and Anthropic face new AI reality as users shift from 'tokenmaxxing' to efficiency
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Flo Crivello's expenses were out of whack, and there was only one way to get them under control.
Key facts
- Anthropic last reported a $47 billion annualized run rate in May, up from the roughly $10 billion in revenue it recorded for all of last year
- Microsoft, which has poured more than $13 billion into OpenAI and as much as $5 billion into Anthropic, unveiled a suite of new low-cost models earlier this month
- Jeff Henry, president of consulting at Highspring, said some of his firm's clients are pulling back until they "can start to prove an ROI," and others are waiting 12 to 18 months before making any
- In April, Uber CTO Praveen Neppalli Naga revealed to The Information that the ride-sharing company blew through its entire annual AI budget in four months
Summary
Earlier this month, the CEO of AI startup Lindy switched his company off Anthropic's Claude models, moving 100% of its traffic to DeepSeek, a Chinese company that makes cheaper, open-weight alternatives. "We did it, and you could see that cost curve go down, like, crash to the ground," Crivello said from his company's San Francisco headquarters. "It's a matter of survival for the business," Crivello said. Crivello, who previously spent almost five years at Uber, is among a growing crop of founders and executives across the U.S. trying to rein in artificial intelligence spending.