AI's revenue divide
TL;DR
Anthropic now captures over 73% of all spending among companies buying AI tools for the first time, per Ramp customer data.
Key Points
- Just 10 weeks ago the Anthropic-OpenAI split was 50/50 — as recently as early December, OpenAI led 60/40.
- The Wall Street Journal reports OpenAI is weighing a strategic pivot away from wide consumer bets (video, browsers, devices) toward enterprise focus.
- OpenAI loses money on consumer users because it subsidizes their token costs.
Nauti's Take
73% of enterprise new-buyer spend in a matter of weeks — that is not a trend, that is a structural shift. Anthropic benefits from never having chased the consumer mass market seriously, instead doubling down on compliance, safety, and API quality — exactly what procurement teams want.
OpenAI, meanwhile, looks like a company realizing that 'viral' and 'profitable' are not the same thing. The reported enterprise pivot is the right call strategically, but it arrives late while Anthropic keeps widening the gap.
Sources