It’s interesting to watch Ant try to ship every value-add product feature they can while they still have the SOTA model for agentic. When an open weights equivalent to Opus 4.5’s agentic capabilities comes out, I expect massive shifts of workloads away from Claude.

Don’t get me wrong, I think their business model is still solid and they will be able to sell every token they can generate for the next couple years. They just won’t be critical path for AI diffusion anymore, which will be good for all sides.