Anthropic hits $30 billion in run-rate revenue, surpasses OpenAI

Claude maker Anthropic said that the company has crossed $30 billion in run-rate revenue in 2026. It has risen sharply from approximately $9 billion at the end of 2025. In a February blog post, the company said it had a run-rate revenue of $14 billion. 

This means that Anthropic has surpassed OpenAI's run-rate revenue of $24 billion, showing that the Claude parent has an early edge over the ChatGPT maker. 

"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 to the rising run-rate revenue to the number of customers spending over $100,000 annually on Claude (as represented by run-rate revenue) 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 read.

This comes after Anthropic raised $30 billion in Series G funding led by GIC and Coatue, valuing Anthropic at $380 billion post-money. The round was co-led by D. E. Shaw Ventures, Dragoneer, Founders Fund, ICONIQ, and MGX. The company said that the investment will fuel the frontier research, product development, and infrastructure expansions that have made Anthropic the market leader in enterprise AI and coding.

“Whether it is entrepreneurs, startups, or the world’s largest enterprises, the message from our customers is the same: Claude is increasingly becoming critical to how businesses work,” said Krishna Rao, Anthropic’s Chief Financial Officer. “This fundraising reflects the incredible demand we are seeing from these customers, and we will use this investment to continue building the enterprise-grade products and models they have come to depend on.”

On the other hand, OpenAI, the world's most valuable startup, had raised $122 billion at a post-money valuation of $852 billion earlier this month. 

Being the fastest tech platform to reach $100 million users globally, “Within a year of launching ChatGPT, we reached $1 billion in revenue. By the end of 2024, we were generating $1 billion in revenue per quarter. We are now generating $2 billion in revenue per month. At this stage, we are growing revenue four times faster than the companies who defined the Internet and mobile eras, including Alphabet and Meta,” the company said in its release.   

According to OpenAI, on the consumer AI side, ChatGPT currently has more than 900 million weekly active users and over 50 million subscribers. Its search usage has nearly tripled in a year, with its ads pilot reaching more than $100 million in annual recurring revenue (ARR) in under six weeks. OpenAI added that nearly 40% of its revenue now comes from enterprise clients. With each new generation of infrastructure improving its models, reducing the cost to serve each token, and lowering the cost per unit of intelligence, the company expects a compounding effect.