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Artificial intelligence revenue growth is accelerating:
By Q3 2025, Microsoft's Azure $MSFT annualized revenue has reached a record approximately $18.5 billion.
Since Q4 2024, sales have more than doubled; since Q2 2024, sales have quadrupled.
OpenAI's revenue has reached approximately $13 billion, a new high, growing more than fourfold since early 2024.
Anthropic's sales have reached a record $7 billion, nearly doubling every two quarters.
AI infrastructure provider CoreWeave's revenue has reached approximately $5.5 billion, an increase of over 100% since early 2024.
Meanwhile, xAI and Nebius are still in early growth stages, with annual revenue still below $1 billion.