AI Coding is vibing: 4 hit $100M ARR, 3 surpass $50M ARR
OpenAI ARR at $10B, Anthropic ARR at $3B
OpenAI and Anthropic are winning the Consumers and Business customers seperately ,while OpenAI is now at $10B ARR primarliy from ChatGPT, and Anthropic is now at $3B ARR primarliy from enterpirse customers.
OpenAI ARR hit $10B with 500M weekly active users
According to CNBC, OpenAI has announced that its annual recurring revenue (ARR) has surpassed $10 billion—nearly doubling from $5.5 billion a year ago. This includes revenue from consumer subscriptions, enterprise offerings, and API usage, but excludes licensing fees from Microsoft and large one-off deals.
OpenAI currently boasts over 500 million weekly active users and more than 3 million enterprise customers, a significant jump from 2 million paying business users in February.
At a $300 billion valuation from its latest round, OpenAI is trading at roughly 30x revenue, which—given its explosive growth trajectory—doesn’t appear overly inflated.
Anthropic ARR hit $3B with AI coding vibing
Meanwhile, OpenAI’s primary competitor, Anthropic, has also seen rapid growth. Its ARR rose from $1 billion at the end of last year, to $2 billion by March, and now reportedly exceeds $3 billion.
Unlike OpenAI, which is increasingly consumer-focused, Anthropic’s revenue is largely driven by enterprise B2B customers—particularly the booming AI coding space—making it one of the fastest-growing SaaS companies this past quarter.
While both companies build large language models, they are diverging in strategy:
OpenAI is leaning heavily into the consumer market, while Anthropic is becoming dominant in enterprise applications.
Late last year, OpenAI CFO Sarah Friar confirmed that although the company offers both B2B and B2C products, it is evolving into a consumer-first business, with most revenue coming from ChatGPT subscriptions. With OpenAI now developing hardware products, its future may resemble that of a consumer product company.
Anthropic’s B2B push is reflected in its growing list of enterprise case studies. Several rising AI startups have Anthropic under the hood—such as the AI search engine Perplexity, You.com (ARR grow by 40x last year, rumored to be raising again at a $1.4 billion valuation), and Genspark, a fast-scaling startup founded by a former Baidu executive.
In the Genspark case study, Anthropic highlights how Claude powers adaptive AI agents that help users research and create content with unprecedented efficiency. Their achievements include:
$36 million ARR just 45 days after launching their Super Agent;
Over 5 million users served with adaptive AI workflows;
Significant time savings for users through automated slides and multi-step reasoning.
Before Claude, Genspark’s research process followed rigid steps: keyword analysis, web search, summary. This worked for simple queries but failed at complex research or multi-step analysis. Claude helped them build a flexible orchestration layer that dynamically adapts to each query—planning steps, choosing tools, and updating strategies in real time.
4 AI Coding Startups surpassed $100M ARR, 3 surpassed $50M ARR
Yet perhaps the biggest growth driver for Anthropic has been the AI coding wave. One standout is Cursor, whose ARR has skyrocketed from $100 million six months ago to $300 million in April, $400 million in May, and now exceeds $500 million.
I learned that there are four AI coding tools have surpassed $100 million ARR, with three more in the $50–100 million range, and several others crossing $15 million.