As Anthropic approaches profitability and OpenAI eyes an IPO, investors are confronting a bigger question about AI economics: enterprise revenue or consumer scale?

Anthropic and OpenAI now capture 89 percent of revenue among top AI startups, according to an analysis by The Information.

Chinese AI labs are matching American frontier capability at a fraction of the cost.

OpenAI is moving toward an initial public offering and targeting September for the listing, a person familiar with the matter told Business Insider.