
Anthropic has surpassed OpenAI in annual revenue. It signals a major shift in the AI market and intensifies global competition among leading AI companies. Earlier in 2025, OpenAI had a wider revenue gap; however, Anthropic's expansion into business-focused applications appears to have narrowed and reversed that lead.
reported annualized revenue exceeding $30 billion. The AI startup has overtaken OpenAI's reported $2 billion in monthly revenue, or about $24 billion annually, as disclosed during its recent fundraising. The AI startup had reported approximately $9 billion at the end of 2025.
The company said that in February, over 500 business customers were spending more than $1 million annually. That number has now exceeded 1,000, doubling in less than two months. The development reflects Anthropic's rapid growth, driven in part by demand for its enterprise-focused AI tools, including coding products.
"We shared that over 500 business customers were each spending over $1 million on an annualized basis. Today that number exceeds 1,000, doubling in less than two months," the latest Anthropic blog read. In an earlier post, the company attributed the rising run-rate revenue to the number of customers spending over $100,000 annually on Claude (as represented by run-rate revenue), which has grown 7x in the past year. And businesses that start with Claude for a single use case, API, Claude Code, or Claude for Work, are expanding their integrations across their organizations. "Two years ago, a dozen customers spent over $1 million with us on an annualized basis. Today that number exceeds 500. Eight of the Fortune 10 are now Claude customers," the blog post read.
Anthropic has recently raised $30 billion in Series G funding, led by GIC and Coatue, valuing the Company at $380 billion post-money. The round was co-led by D. E. Shaw Ventures, Dragoneer, Founders Fund, ICONIQ, and MGX.