Does the frontier model still command a price? No date yet
Does the first registration statement Anthropic makes public on SEC EDGAR (Form S-1) show a gross margin of 50% or more for the latest period in its statement of operations?
Gross margin is revenue less cost of revenue, divided by revenue, from the lines of the statement of operations in the first Form S-1 Anthropic makes public, for the latest period it presents (a 2026 year-to-date period when the filing carries one, else the latest fiscal year).
Source: SEC EDGAR, Anthropic filings (Form S-1 and its amendments)
- The frontier is still paid The dollars stay at the frontier: run-rates in the tens of billions, the hard work routed to closed models, distribution that outlives parity.
- Open weights set the price Open weights months behind the frontier take the volume at a fraction of the token price; a price cut with tenfold usage reads as a price war.
Put your number from 1 to 99 in the app; the readers, the Call and the machines appear only after you save.