AI First Companies Generating Tens of Billions Per Year

AI first companies are generating real revenue. The leading company is OpenAI and Anthropic also has significant revenue.

There is also very fast growth in hundreds of small companies and that revenue growth is faster than SAAS (software as a service).

XAI did not have much revenue in 2024 but it has made substantial gains in 2025 and is integrated with X. xAI is boosting X revenue and retention. By mid-2025, xAI has scaled dramatically, reaching an estimated $3.2 billion in annualized revenue (with X integration), and a standalone run-rate of around $500 million.