Chinese artificial intelligence models have gained users with cheaper access and open models, but the companies behind them are generating far less revenue than their biggest U.S. rivals.
OpenAI and Anthropic together generate roughly 10 times as much annual recurring revenue as China's major AI models combined, CNBC reported Thursday, citing estimates from U.S.-based research firm Rhodium Group. Annual recurring revenue, or ARR, annualizes a company's recent monthly revenue and is widely used to track the growth of subscription-based businesses.
