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AI · simonwillison.net · Sunday, 30 August 2026

Anthropic's priciest model grabs just 8% of enterprise spend as cheap rivals win

Anthropic is printing money, $65bn annualized revenue with Q3 profitability in sight, yet its newest flagship is a dud with customers. Ramp's billing data across 70,000 companies shows Fable 5 captured just 8% of Anthropic model spend in July, while the older, cheaper Opus 4.8 took 28%. Price, not raw benchmarks, decides what enterprises actually run.

Read the source: simonwillison.net ↗In the 30 August issue →