Gary Marcus: Goldman data shows Anthropic's Q4 growth slowing to ~11% QoQ
GaryMarcus · x · 2026-11-11
Gary Marcus cites Ed Zitron's reading of a Goldman Sachs projection: Anthropic's 2025 revenue is forecast at $52bn, with Q1 ($4.8bn) + Q2 ($11.5bn) + Q3 ($16.9bn) totaling $33.2bn — implying Q4 of $18.8bn, roughly 11% QoQ growth, down sharply from 47% between Q2 and Q3.
Marcus argues this confirms six months of his claims: Anthropic's growth is decelerating, it won't meet May's wild projections, may never turn a cumulative profit — and warns retail investors will be left holding the bag via retirement funds.
More from Companies & People
- JPMorganChase signs OpenAI deal: Codex agents for coding, models for security — krishnan · 2026-11-11
- PM jobs hit 4-year high, up 75% since 2023, as engineering demand stalls — SumitGup · 2026-11-11
- Google DeepMind hosting student researcher on 1000+ agent cooperation, London, Jan 2027 — HaydnBelfield · 2026-11-11
- Val Town winds down as investor Daniel Levine reflects on backing founders — mitsuhiko · 2026-11-11
- Databricks teases next-gen Genie data AI coworker at DATA + AI LIVE with OpenAI's Greg Brockman — matei_zaharia · 2026-11-11
- Investor: Mercor's data and evals now core to nearly every frontier AI lab — marcbhargava · 2026-11-11