How OpenAI and Anthropic are on track to beat these 50-year-old-plus American brands

AI companies OpenAI and Anthropic are growing so quickly that they are on track to generate more annual revenue than some of America's biggest and oldest consumer brands, per an Axios report. The two AI firms are expected to reach a combined annual revenue run rate of around $120 billion, according to data from AI investment research platform Funda, cited by Key Context author Tae Kim. If that happens, both companies would rank among the top 100 companies in the Fortune 500 by revenue, it added. The figures highlight the rapid growth of the AI industry and show why companies continue to invest billions of dollars in AI infrastructure and services.