AI Market Concentration: Anthropic and OpenAI Take 89% of Annual Revenue Among 34 Companies

A survey of 34 global AI companies by tech media The Information shows AI market revenue is rapidly concentrating on leading players. These 34 companies have an annual revenue of nearly $80 billion, growing by 112% in six months, with Anthropic and OpenAI together taking about 89% of annualized revenue.

Anthropic stands out in growth pace—its annualized revenue is expected to reach $5 billion by end-June. OpenAI reported $2 billion monthly revenue in late March (annualized ~$24 billion), but its spokesperson noted monthly figures aren’t precise for annual growth.

App-layer firms like Perplexity and ElevenLabs have annual sales over $500 million, but need to pay billions to leading companies for model access, balancing growth and dependence.