Reportedly: Top Chinese AI models earn 10% of OpenAI, Anthropic revenue
Reported by SCMP Tech · not yet confirmed by the company or a second independent outlet. We update this page when it is.
Chinese AI models from seven major developers earned an estimated US$10.7 billion in annual recurring revenue from March to August, about 10% of the more than US$100 billion combined for OpenAI and Anthropic, SCMP Tech reported citing a Rhodium Group report.
China context
- Outside China
- Not stated in the sources yet
- Claims
- Company-reported; not yet independently evaluated
- For investors
- Chinese AI companies are generating significantly less revenue than OpenAI and Anthropic, which may affect their ability to sustain high valuations and attract further investment.
Chinese artificial intelligence models from seven major developers combined generate only about 10 per cent of the revenue reported for OpenAI and Anthropic, even as investor enthusiasm remains intense, according to US-based research firm Rhodium Group. The Chinese AI models earned an estimated US$10.7 billion in annual recurring revenue (ARR) from March to August, a fraction of the more than US$100 billion combined for OpenAI and Anthropic, according to the Rhodium report published on SCMP Tech.
The revenue gap suggests Chinese AI models have not yet achieved the same level of commercial adoption or monetization as their US counterparts, despite significant investment and development. The specific revenue figures are company-reported estimates from Rhodium Group and have not been independently verified.
Chinese AI developers face a significant revenue gap compared to OpenAI and Anthropic, which may pressure their valuations and funding prospects if the gap persists. Investors should monitor whether Chinese AI companies can convert their technological capabilities into sustainable revenue streams.
The report highlights the commercial challenges facing Chinese AI companies despite their technological advancements. For businesses evaluating AI vendors, the revenue figures may indicate differences in market maturity and customer adoption between Chinese and US AI providers.
The next signal to watch is whether Chinese AI companies can increase their ARR relative to US competitors in subsequent reporting periods, or if the revenue gap widens further. Specific verification questions include: What are the individual revenue figures for each of the seven Chinese developers? How does the Rhodium Group define and calculate ARR?