The AI Daily Brief · Friday, July 31, 2026
OpenAI's annualized recurring revenue (ARR) for July exceeded the entire second quarter, with estimates placing their ARR near $50 billion. Anthropic is reportedly seeing similar growth, with back-of-the-napkin math suggesting a $71 billion run rate, up from $47 billion in May. These figures emerge amidst broader market concerns about AI's durability.
“Open AI CFO Sarah Fryer told staff that ARR, annualized recurring revenue for July, had exceeded the entire second quarter, adding and Q2 was no slouch.”
“Indeed, back of the napkin math put Anthropic at a $71 billion dollar run rate, up from $47 billion in May when they last discussed revenue.”
“Meanwhile, their data also showed that Open AI was sitting just shy of $50 billion in ARR.”