Anthropic, the AI Startup Backed by Amazon and Google, Achieves $3 Billion in Annualized Revenue—How Does OpenAI Compare?

Anthropic, an AI startup funded by Amazon and Alphabet, has achieved a significant growth milestone, reaching a $3 billion annualized revenue run rate just months after hitting $1 billion in December 2024. This rapid growth, spurred by increasing enterprise demand for its AI models and the Claude chatbot, saw revenues surpass $2 billion by late March and reach $3 billion by the end of May. However, despite its enterprise success, Claude’s consumer adoption trails behind OpenAI’s ChatGPT, which held only 2% of ChatGPT’s web traffic as of April. OpenAI is projecting over $12 billion in revenue by 2025, compared to Anthropic’s current figures. Notably, Anthropic is valued at $61.5 billion following a recent funding round. These developments highlight the competitive landscape of AI, with both companies vying for market leadership in different sectors.

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