Claude Code purportedly has over a billion dollars in revenue.
In terms of economic value, coding agents are definitely one of the top-line uses of LLMs.
Anyone can sell dollar bills for 90 cents. When they can actually make a profit, then it will be impressive.
Reminder that the entire AI industry is loaning itself money to boost revenue.
I seriously question any revenue figures that tech companies are reporting right now. Nobody should be believing anything they say at this time. Fraud is rampant and regulation is non-existent.
Claude has been measurably worse over other models, in my experience. This alone makes me doubt the number. That and Anthropic has not released official public financial statements, so I'll just assume it's the same kind of hand waving heavily leveraged companies tend to do.
I actually for for ChatGPT and my company pays for Copilot (which is meh).
Edit: Given other community opinions, I don't feel I'm saying anything controversial. I have noted HN readers tend to be overly bullish on it for some reason.
Sure, I don’t disagree, but a fact remains that 1B is less than 10% of OpenAI’s revenue with ChatGPT and its 700M+ user base.
Coding agents are important, they matter, my comment is that this article isn’t about that, it’s about the other side of the market.