OpenAI and Anthropic Pull In $105B, Nearly 10x China's AI Revenue
OpenAI and Anthropic ended September with a combined estimated annualized revenue run rate of $105 billion, according to Kobeissi Letter. That's almost 10 times the $11 billion pulled in by six Chinese AI players, including Alibaba, ByteDance and DeepSeek. Both US labs also posted record quarterly growth.
- Original source: X account @KobeissiLetter.
- The source published it on Nov 13, 2026 at 12:33 AM.
- No second outlet has reported it yet. Treat it as a single-source claim.
- It comes from X posts, not a news outlet.
The two American AI heavyweights finished September with a combined estimated annualized revenue run rate of $105 billion, per a Kobeissi Letter post. Stacked against that: six Chinese AI companies — Alibaba, ByteDance, DeepSeek, Z Dot ai, Moonshot AI and MiniMax — that together generated $11 billion. That makes the US pair nearly 10 times larger.
ByteDance carried more than a third of China's total, accounting for 36% of the $11 billion at $4 billion. DeepSeek, the country's breakout model maker, doubled its annualized revenue run rate in September — but that still leaves it at just $1 billion.
The quarterly momentum leaned American too. Anthropic's sales grew 47% quarter-over-quarter in Q3, reaching a record $17 billion. OpenAI's revenue jumped 50% over the same stretch, hitting a record $10 billion.
Kobeissi Letter's read on the gap is blunt: US tech firms remain in the lead of the AI race.
TopicsOpenAI · Anthropic · ByteDance · DeepSeek · Alibaba · Moonshot AI · MiniMax · Kobeissi Letter
Source: x.com
Written by Paparazzi with AI. Not financial advice.
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