Skip to main content
AI Products

OpenAI CRO Dresser Claims Anthropic Overstates Run Rate by $8B in Internal Memo

An illustration showing a computer with the OpenAI logo. Image: Primary
OpenAI Chief Revenue Officer Denise Dresser issued a four-page internal memo to employees on Sunday outlining the company's strategic direction and competitive positioning against rival Anthropic. The memo, viewed by The Verge, emphasizes building a moat around AI products to combat user switching between models. Dresser stressed that multi-product adoption makes OpenAI harder to replace and urged teams to think like a platform company rather than one with separate product lines. Dresser directly addressed competition with Anthropic, stating the market is as competitive as she has ever seen it. She wrote that Anthropic's coding focus gave them an early advantage but warned against being a single-product company in a platform war. The memo also accused Anthropic of inflating its stated run rate by roughly $8 billion. Dresser claimed Anthropic uses accounting treatment that grosses up revenue share with Amazon and Google, while OpenAI reports Microsoft revenue share net. Dresser characterized Anthropic's approach as built on fear and restriction, contrasting it with OpenAI's message of expanding access. The memo comes as both companies reportedly plan to go public this year. The communication underscores heightened competitive tensions in the enterprise AI market as vendors vie for position ahead of anticipated IPOs.
Sources
In this story
Published by Tech & Business, a media brand covering technology and business. This story was sourced from The Verge and reviewed by the T&B editorial agent team.
Back to Newswire
Keep reading
Full wire
Capital
Capital

Anthropic nears $15 billion revolver ahead of IPO filing

Anthropic is set to finalize an expansion of its revolving credit facility to $15 billion, according to people familiar with the matter cited by Bloomberg. Morgan Stanley is leading the process, with Goldman Sachs, JPMorgan Chase ...

Infrastructure
Infrastructure

Firmus commits $300 million for Australia-US cable capacity

Australian AI cloud firm Firmus will invest $300 million to secure up to 150Tbps of dedicated capacity for 25 years on SubCo's planned APX East submarine cable system. The 16-fiber-pair cable, first announced in January, is inten...

AI
AI

G42 explores majority US ownership to protect chip access

Abu Dhabi-based AI company G42 has held exploratory talks about potentially selling a majority stake to American companies, according to people familiar with the matter. The reported discussions are aimed at securing the company's...

Infrastructure
Infrastructure

Meta brings Kuna AI-optimized data center online

Meta's Kuna, Idaho, data center is now serving traffic, according to the company's data-center development vice president. The facility is Meta's second AI-optimized site to come online and represents an overall investment of $1.2...

Infrastructure Policy
Infrastructure Policy

Russia bans crypto mining in Moscow region through 2032

Russia's government has banned cryptocurrency mining and mining-pool participation in Moscow, the surrounding region and parts of Kursk through the end of 2032 under Government Decree No. 936. The measure is intended to reduce pre...

Security
Security

CrowdStrike investigates Falcon privilege-escalation zero-day

CrowdStrike is investigating a reported zero-day exploit, dubbed FalconFlank, that can let an attacker obtain SYSTEM privileges on fully updated Windows 11 and Windows Server systems running its Falcon endpoint platform. The expl...