How Much Money Do OpenAI And Anthropic Actually Make?
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OpenAI and Anthropic use annualized recurring revenue (ARR) metrics to inflate their apparent success, with OpenAI claiming $12 billion ARR and Anthropic $4-5 billion ARR. However, analysis of actual monthly revenues suggests OpenAI made around $3.6 billion in 2024 and $5.3 billion through July 2025, while Anthropic made approximately $1.5 billion through July 2025. ARR multiplies one month's revenue by 12, creating misleading impressions of annual performance and allowing startups to appear more successful than actual cash flow indicates.
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