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Manus on Markets: Claude drives explosive growth for Anthropic

From tariff turmoil and stock shocks to market meltdowns, the global financial system has never been in such flux. Manus Cranny, The National's geo-economics editor, cuts through the noise and presents insights from the stories making headlines around the world.

Manus on Markets: Claude drives explosive growth for Anthropic

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Anthropic and OpenAI Quietly Stopped Being API Companies. Nobody Warned the Ecosystem.

In 2023, the business model was clear. Anthropic builds models. Developers access them via API. Developers build products. Users use the products. Anthropic makes money from the API. Everyone wins.

  • Anthropic and OpenAI shifted from API companies to direct product competition.
  • Developers' API funding now threatens businesses built on these platforms.
  • The shift outpaces historical rivals like Microsoft and Apple.

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