Tomasz Tunguz · 29 September 2026 · Industry Analysis

Segmentation Drives Market Share Wins in AI

Tomasz Tunguz, MD @ Theory

Anthropic and OpenAI are competing on business model innovation—segmentation and price discrimination—as much as technical capability. Anthropic's enterprise metering doubled revenue in a quarter; OpenAI's 80% price cut on its cheapest tier keeps them competitive, with both approaching $100B revenue run rates by year-end.

Read the full post on Tomasz Tunguz ↗

Topics: AI (Horizontal)

Published by Tomasz Tunguz · their site ↗

More from Tomasz Tunguz

SandHill indexes 800+ venture capital blogs and newsletters and sends the best of them every Sunday. Browse the sources · browse by topic · read the blog.