Salesforce Shares Drop 3% After Anthropic Model, OpenAI AI Revenue Hits 40%
Salesforce shares slid 3%, lagging Palantir, ServiceNow and Intuit, after Anthropic unveiled Claude Mythos, an AI model too powerful for public release that reignited fears of SaaS disruption. OpenAI reported enterprise AI revenue at 40% of its $25 billion total, introducing agentic workflows that may intensify competition for Salesforce's AI offerings.
1. Stock Reaction to Anthropic Announcement
On Thursday, Salesforce shares fell 3%, making it the worst performer in the Dow as major software peers such as Palantir, ServiceNow and Intuit tumbled 6–8% following Anthropic’s Claude Mythos announcement. The model, granted to roughly 50 organizations for cybersecurity testing, is considered too powerful for public release and has reignited investor concerns that AI agents could undercut high-margin SaaS business models.
2. Intensifying AI Competition from OpenAI
OpenAI’s enterprise AI revenue now constitutes over 40% of its $25 billion run rate, driven by multi-agent workflows that autonomously execute tasks inside business applications. With weekly active users at 910 million and paying business users up to 9 million, the firm’s rapid agentic adoption signals mounting competitive pressure on Salesforce’s AI-driven CRM and workflow automation offerings.