OpenAI and Anthropic are estimated to have generated a combined annualized revenue run rate of $105 billion at the end of September, nearly ten times that of six major Chinese AI companies. The Chinese group, which includes ByteDance and Alibaba, generates an estimated $11 billion. Anthropic’s sales rose 47% quarter over quarter to a record $17 billion in the third quarter. Markets expect Anthropic’s valuation to rise and potentially reach $600 billion by the end of the year. New funding rounds, partnerships, or major enterprise contracts could affect that valuation, while Chinese strategies to close the revenue gap could reshape the competitive landscape.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
