State of AI Report 2026 released: annual review of agents, physical AI, and frontier competition
Nathan Benaich of Air Street Capital released the ninth annual State of AI Report. The report states that the frontier is now a competition among Anthropic, OpenAI, and Google, with OpenAI and Anthropic's combined annualized revenue totaling approximately $105 billion; Epoch AI estimates that the cost to achieve fixed benchmark scores has decreased by 47% per quarter since 2023, making it roughly 13 times cheaper annually.
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