OpenAI projects $12 billion revenue in 2025, outpacing Anthropic's $3 billion surge

OpenAI and Anthropic are leading the AI revenue boom with explosive growth—OpenAI expects to triple its 2024 revenue to $12 billion by year-end, while Anthropic has rapidly grown from $1 billion to $3 billion annualised in just five months, driven by strong enterprise demand for AI services and code generation.

Sources:
The Hindu
Updated 1h ago
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Sources: The Hindu
OpenAI is projecting a substantial revenue increase to over $12 billion in 2025, a sharp rise from its $3.7 billion revenue last year, underscoring its dominant position in the generative AI market.

Meanwhile, Anthropic, a key competitor, has reached an annualized revenue of about $3 billion, a remarkable leap from nearly $1 billion in December 2024. This surge is largely attributed to selling AI models as a service, with code generation identified as a major growth driver.

The rapid revenue growth of Anthropic has caught the attention of venture capitalists. Meritech General Partner Alex Clayton noted, "We've looked at the IPOs of over 200 public software companies, and this growth rate has never happened." This positions Anthropic as potentially the fastest-growing SaaS company ever.

The contrasting revenue projections highlight the expanding business demand for AI technologies and services. OpenAI's forecasted revenue more than quadruples Anthropic's current annualized figure, reflecting its broader market reach and scale.

These developments illustrate the accelerating adoption of generative AI in the business world, with companies leveraging AI for diverse applications, including software development and automation.

Key quotes and stats:
- "Anthropic is making about $3 billion in annualised revenue... a significant jump from December 2024 when the metric was nearly $1 billion."
- "Anthropic's revenue surge... is a data point showing how business demand is growing. A key driver is code generation."
- "We've looked at the IPOs of over 200 public software companies, and this growth rate has never happened." - Alex Clayton
- OpenAI projects to end 2025 with more than $12 billion in total revenue, up from $3.7 billion last year.

These figures underscore the competitive and rapidly evolving landscape of AI-driven software services.
Sources: The Hindu
OpenAI forecasts $12 billion revenue in 2025, significantly outpacing Anthropic's $3 billion annualized revenue surge, driven by growing business demand for AI services, including code generation. Anthropic's rapid growth marks it as one of the fastest-growing SaaS companies ever, highlighting the booming generative AI market.
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We've looked at the IPOs of over 200 public software companies, and this growth rate has never happened.
Alex Clayton
General Partner at Meritech
The Hindu
Key Facts
  • Anthropic's annualised revenue was nearly $1 billion in December 2024 and surged to about $3 billion by May 2025, driven primarily by AI model sales and code generation services.The Hindu
  • Anthropic's single-quarter revenue growth is the fastest ever seen in SaaS IPOs, according to venture capitalist Alex Clayton from Meritech.The Hindu
  • OpenAI projects to end 2025 with over $12 billion in revenue, a significant increase from $3.7 billion in 2024, reflecting rapid growth in AI business demand.The Hindu
Key Stats at a Glance
Anthropic's annualised revenue by May 2025
$3 billion
The Hindu
Anthropic's annualised revenue in December 2024
$1 billion
The Hindu
Number of public software companies reviewed by Meritech
200 companies
The Hindu
OpenAI projected revenue for 2025
$12 billion
The Hindu
OpenAI revenue in 2024
$3.7 billion
The Hindu
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