Artem Voloskovets
⬤ Analysis from Epoch AI highlights a shifting revenue dynamic between leading AI developers, with Anthropic appearing poised to overtake OpenAI in annualized revenue by mid-2026. Since each company crossed the $1 billion annualized revenue mark, Anthropic's revenue has expanded at roughly 10× per year compared with OpenAI's 3.4× per year - a pattern that could drive their growth trajectories to intersect soon.
⬤ The accompanying chart showing annualized revenue in USD illustrates how both companies' revenue lines rise sharply from 2024 through 2027. OpenAI's curve shows strong, steady expansion, while Anthropic's line climbs more steeply after hitting the $1 billion milestone. The data suggests that if both companies keep these growth rates, Anthropic's annualized revenue would cross and exceed OpenAI's around mid-2026, closing what's been a revenue lead for OpenAI.
⬤ The projection normalizes both companies at the $1 billion starting point to focus on relative growth speed. While market awareness often favors OpenAI due to its broad consumer presence, the forecast shows how rapid scaling at Anthropic could reshape competitive positioning in the enterprise AI landscape. The analysis doesn't account for future product launches, pricing changes, or shifts in enterprise demand that might affect actual outcomes.
⬤ This potential revenue leadership change highlights accelerating competition in the generative AI sector and reflects strong monetization trends across advanced AI platforms. The OpenAI and Anthropic AI efficiency race continues to intensify as both companies push forward with innovations. Revenue shifts could influence strategic planning, resource allocation, and industry narratives about AI's commercial future, especially as enterprises evaluate the OpenAI and Anthropic enterprise safety framework alongside growth metrics when choosing platforms.
Artem Voloskovets
