8 Comments
User's avatar
Hugo Santana's avatar

How can you spend $5.7B in sales and marketing?

Would love to see a break down of these…

Ads? Events? Paid Partnerships? Sales team salaries (should be small % as not that many employees)?

Justin's avatar

Exactly! WTF Scott?

Sinewa Research's avatar

The graphic of OpenAI's profit breakdown sourced from Ed Zitron of the Financial Times should have been better curated. As a data person, I know what this is supposed to be, and this is not it.

Norman picker's avatar

What's missing from Anthropic's financials here is R&D spend. It is given for OpenAI. Also, SpaceX gave a discount to Anthropic on compute for, I believe, May and June 2026, which gives the illusion of path to profitability. Put these two things together and it looks like Anthropic is no different from OpenAI.

IrregularJoe's avatar

Hi, great info! I suggest you change the color font to "no color", it is currently black in some parts and not readable against a dark background.

David McDonell's avatar

Your newsletter/article format is one of the freshest/most effective formats i have the pleasure of reading and absorbing. Thank you!👍👊