AI TRENDS | Julius Baer Analyst Says Anthropic Has Surpassed OpenAI in U.S. AI Adoption

A Julius Baer analyst said momentum in U.S. AI adoption indicates Anthropic has surpassed OpenAI, and that OpenAI is considering lowering prices to respond to the trend, boost usage, and regain market share. According to Odaily, Julius Baer analyst Enrico Chinello said the key difference lies in customer bases. He said about 85% of Anthropic’s revenue comes from enterprises, while most of OpenAI’s revenue comes from consumer subscriptions to ChatGPT, with most users relying on the free version. Chinello said Anthropic’s advantage among enterprise users provides a clearer path to profitability, while OpenAI’s profitability remains uncertain. He added that recent trends show token pricing across the industry has generally increased, suggesting AI labs may still have some pricing power without clearly sacrificing profitability.