While Anthropic surged past OpenAI in May—capturing 41% of the market compared to OpenAI’s 39%—the gap has narrowed as OpenAI aggressively claws back ground. Ramp economist Ara Kharazian notes that OpenAI’s momentum in the current quarter signals that the competitive advantage in the enterprise sector is far from settled. The data, derived from billions in transactions across Ramp’s corporate credit card and expense management platform, highlights a broader trend: businesses are increasingly willing to switch providers as new models hit the market.
In section Startups & Technology
OpenAI Closes Gap on Anthropic in Corporate Spending Race
Anthropic currently holds a 44% market share among Ramp’s 70,000 business customers, yet new data reveals OpenAI is outpacing its rival in growth throughout the third quarter. This shifting landscape suggests that enterprise loyalty to AI providers remains volatile, driven by model performance and tightening regulatory requirements for data retention.
This fluidity poses a challenge for long-term revenue projections. Anthropic’s high-end model, Fable, has faced friction due to price points and a controversial 30-day data retention policy. Conversely, OpenAI’s latest offerings are gaining traction among developers who prioritize performance over the specialized, albeit restrictive, use cases favored by Anthropic. Despite the intense rivalry, the total addressable market is expanding rapidly, with the percentage of companies paying for AI services rising from 50% in March to nearly 56% by July.
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