Michael Burry claims Anthropic is capturing 73% of new enterprise AI spending
LG
Lennox Gallagher
Michael Burry · Apr 12, 2026
Source: The Digital Ledger Data Terminal
Palantir stock fell as much as 8% to around $129.30 per share on Thursday. The decline followed comments from investor Michael Burry, who stated on X that Anthropic is "eating Palantir's lunch."
Burry argues that Anthropic is winning the market shift toward "plug and play" models that allow businesses to quickly integrate AI tools. He attributes this success to Anthropic offering a cheaper, more intuitive solution for businesses than Palantir.
According to data from financial operations platform Ramp and economist Ara Kharazian, Anthropic's annual recurring revenue grew from $9B to $30B in months. Burry claims Anthropic is taking 73% of all new enterprise spending.
Adoption rates on the Ramp platform show a nearly one in four businesses now pay for Anthropic, compared to one in 25 a year ago. In February, the share of companies opting to pay for Claude before OpenAI reached 73%.
Michael Burry
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