‘AI Native’ Startups Pass $15 Billion in Annualized Revenue

Annualized revenue at “AI native” companies selling artificial intelligence models or apps has passed $15 billion just two and a half years since OpenAI launched ChatGPT, according to The Information’s Generative AI Database.

While that’s not the same as $15 billion in actual revenue, it’s still an unprecedented haul for such a short time period and means that, collectively, the companies generated about $1.25 billion of revenue in May alone.

OpenAI is generating two-thirds of the revenue in the chart—$10 billion in annualized revenue—though the startup must give Microsoft 20% of revenue as a thank-you to the software giant providing it with $13 billion-plus worth of cloud servers. 

Anthropic, which is no. 2 in the revenue rankings, at $3 billion in annualized revenue, has to give an even higher percentage of the revenue it generates via Amazon and Google, which resell its models to their cloud customers.