revenue

Image model releases are generating 6.5 times more mobile app downloads than traditional text model updates, according to Appfigures. Google's Gemini added 22 million downloads in 28 days following its image model release, while ChatGPT added 12 million after GPT-4o image capabilities launched.

Anthropic is on track to generate nearly $20 billion in annual revenue based on current performance, according to Bloomberg. The milestone comes as the company navigates a dispute with the Pentagon over defense-related AI contracts.