Epoch AI: OpenAI and Anthropic combined annualized revenue reaches $105 billion
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Epoch AI's Gradient Updates has updated frontier AI revenue figures: OpenAI's annualized revenue has grown from $13 billion last August to more than $40 billion currently; Anthropic reportedly reached $65 billion at the end of July. Combined annualized revenue for the two has thus risen from $30 billion to $105 billion. Anthropic's $65 billion is "reported" data, not independently confirmed by Epoch AI.
AI overview based on source reports · Updated 39 min ago
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Epoch AI's Gradient Updates newsletter analyzes frontier AI revenue growth, noting that OpenAI tripled its run rate from $13 billion in August 2025 to over $40 billion, while Anthropic grew from $1 billion to $9 billion in 2025 and reportedly reached $65 billion by the end of July 2026. Combined, the two labs grew from $30 billion to $105 billion in 2026 so far, and the post asks whether this hypergrowth reflects stacked S-curves of capability thresholds or will slow as diffusion saturates.
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Not enough continuous observations to show a trend yet.