Anthropic captures 73% of new enterprise AI spending as Palantir loses ground

Nearly one in four businesses on the financial platform Ramp now pay for Anthropic. A year ago, this figure stood at one in 25. This shift is driven by the the plug-and-play AI tools that businesses can integrate faster than the complex systems provided by Palantir. According to investor Michael Burry, 73% of new enterprise AI spending is going to Anthropic, with 73% of new paying customers choosing Claude over OpenAI. Anthropic's annual recurring revenue surged from $9 billion to $30 billion in just months, a pace that contrasts with Palantir's 20-year climb to $5 billion in revenue. Over the same period, OpenAI experienced a 1.5% decline in business customers. Palantir shares fell about 6% on the week's Wednesday. The company trades at a forward earnings multiple well above sector averages.