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OpenAI's Q2 revenue growth trails Anthropic’s as losses widen

short by Vaishnavi Mishra / on Wednesday, 19 August, 2026
OpenAI told investors its revenue grew 18% to $6.7 billion in Q2 2026, while losses deepened, The WSJ reported. Meanwhile, Anthropic reported a 130% revenue surge and is eyeing an IPO this year. OpenAI sought to boost business by launching GPT-5.6 models and cutting prices by up to 80% on some offerings, but investor interest remained muted.
read more at NewsBytes