What happened
At HumanX 2026, venture capitalists shifted sentiment, favouring Anthropic over OpenAI. Anthropic's valuation reached $380 billion, with run-rate revenue surpassing $30 billion, up from $9 billion at the end of 2025. This growth follows the widespread release of Claude Code and Claude 4, alongside a new "Mythos" model, deemed too powerful for public release due to cyber attack risks. OpenAI, valued at $852 billion, faced scrutiny over its TBPN acquisition and CEO Sam Altman's Pentagon deal.
Why it matters
The shift in investor confidence signals a re-evaluation of market leadership in frontier AI. Procurement teams and founders now face a landscape where Anthropic's enterprise focus and rapid revenue growth, tripling in three months, present a compelling alternative to OpenAI's broader strategy. The emergence of models like Mythos, withheld due to cyber attack concerns, highlights escalating risks and the need for security architects to anticipate advanced threat vectors from unreleased capabilities.
Subscribe for Weekly Updates
Stay ahead with our weekly AI and tech briefings, delivered every Tuesday.
