but the real headline is the $47B ARR. The $65B raise on May 29 (with $15B in committed cloud compute, $5B from Amazon alone) puts Anthropic past OpenAI's March $852B mark, alongside Claude Opus 4.8 and the upcoming Mythos model. Underneath: ARR grew from $30B to $47B in roughly six months, with 1000+ customers paying $1M+ annually. That's a curve no SaaS company has ever drawn. The model layer is no longer just selling subscriptions — Mythos goes after high-margin cybersecurity work directly. New top diligence question for application-layer bets: can your customer be eaten by the model vendor's own first-party offering?