Welcome back, monitors. Did you know that combined OpenAI and Anthropic revenue growth actually accelerated significantly in 2026? In 2024, it grew 3.1x from $2.1B to $6.5B. In 2025, it accelerated to 4.7x, reaching $30B. In 2026, assuming current growth rates through the end of the year, the two labs will reach a combined revenue of $105B, a whopping 7.5x growth rate in a single year. We are reaching levels of “not a bubble” previously thought impossible. Be sure to monitor with us live on X and YouTube, and follow us on Instagram.
Today’s Situations
OpenAI and Anthropic jointly call for collective action on cyber defense along with 100+ other companies including Microsoft, Google, AWS, Broadcom, Citadel, Cognition, Hugging Face, Lovable, Arena, AMD, Visa, Mastercard, and more.
OpenAI is building a “persistent” version of Codex with the goal of turning ChatGPT into a proactive, always-on agent that does things for you. Meta (Hatch), SpaceXAI (Grok Bot), and startups (Instinct, Interaction) are working on similar products. This vision has been there since day 0 of ChatGPT.
Nvidia will buy Hugging Face for $12.9 billion. Hugging Face is a platform allowing developers to host model weights, datasets, and AI applications, like GitHub for AI. The acquisition will likely help with Nvidia’s plan to own the open-source AI layer.
Google DeepMind releases Gemini Omni 1.1 Flash, now the #1 model on Video Arena. New features include extending the video forward or backward 10 seconds at a time, drafting videos in 360p to save compute before doing a full-resolution generation, and upscaling videos up to 4K.
Anthropic previews the Model Hardware Standard, a shared specification for AI agents to operate physical devices including microscopes, liquid handlers, robotic arms, and more — basically MCP but for hardware. It is being released in limited preview to a select group of scientific research labs and advanced manufacturers.
Cognition reaches $900M ARR, $1.5B projected by end-of-year. Cognition makes the coding agent Devin. Its continued growth is a positive sign for startups amid fears that labs like OpenAI and Anthropic will outcompete them.
President Trump’s executive order for an AI regulator stalls. The White House’s framework for pre-deployment testing for frontier models, completed in early August, still has not been publicly released.
The Trump administration is considering tariffs on semiconductors, potentially including consumer chips, personal devices, and GPUs, with incentives tied to US chip manufacturing investment.
Today’s Experts
Sergey Edunov (CTO, Genesis Molecular AI)
Andrey Styskin (Co-founder and CEO, Keenable)
Psyho (Independent Researcher)
Alex Zhavoronkov (CEO and CBO, Insilico Medicine)
Varun Sivaram (Founder and CEO, Emerald AI)
Sayash Kapoor (Incoming Professor, UC Berkeley)
Pablo Palafox (Co-founder and CEO, HappyRobot)
Jen Zhu Scott (Co-founder and CEO, Power Dynamics)
Madeline Minshew and Tony Conrad (Partners, True Ventures)