Anthropic, OpenAI surpass Starbucks, McDonald’s with $120B revenue

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AI companies Anthropic and OpenAI have surpassed major consumer brands like Starbucks and McDonald’s in annual revenue, reaching approximately $120 billion combined. Anthropic achieved a valuation of $380 billion, while OpenAI secured a valuation of $852 billion and is preparing for an IPO. This rapid growth underscores the increasing dominance of AI firms in the global market, driven by recent technological advancements. OpenAI’s upcoming IPO and its final valuation will be key indicators of broader market sentiment towards AI companies.

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