Over more than a year, it has surged by 30x; the U.S. large-model powerhouse’s annual revenue surpasses OpenAI for the first time.

Beijing time on April 7, U.S. leading AI model company Anthropic announced externally that its annual recurring revenue (ARR) exceeded $30 billion, rising significantly from $9 billion at the end of 2025. Demand for Claude has continued to accelerate and has already surpassed the $25 billion annualized revenue from OpenAI disclosed by the industry. Just sixteen months ago, however, Anthropic’s revenue was only $1 billion.

Beyond $30 billion in annualized revenue, local time on April 6, Broadcom (AVGO.US) formally made public, via an 8-K filing submitted to the U.S. Securities and Exchange Commission, an AI chip deal that Anthropic and Broadcom signed exclusively. Under the agreement, Broadcom will, starting in 2027, provide Anthropic with Google custom TPU chips with up to 3.5 gigawatts of compute capacity, along with a complete AI data center rack solution, including networking and interconnect components.

Wall Street institutions estimate that Anthropic’s valuation prior to going public will rise to $400 billion to $500 billion. This is mainly based on the company’s continued annualized revenue growth over the past three years, and the company’s market positioning has gradually shifted from “OpenAI’s pursuer” to a “peer competitor standing toe-to-toe.”