Cathie Wood's ARK Invest Surges on Anthropic OpenAI ARR Growth

Cathie Wood's ARK Invest has been on a hot streak lately, and it's all thanks to the explosive growth of Anthropic OpenAI ARR. According to recent data, Anthropic's annual recurring revenue has reached an impressive $74 billion, while OpenAI's ARR has surpassed $41 billion. This combined figure exceeds that of SAP, Salesforce, and Adobe in their trailing twelve-month revenue.

The growth is staggering, with OpenAI's ARR doubling from $20 billion at the start of the year. This puts Anthropic and OpenAI's combined ARR at an astonishing $115 billion, rivaling Microsoft's Productivity and Business Processes segment, which has a run rate of $150 billion. To put this in perspective, Anthropic and OpenAI's revenue also surpasses that generated by Windows and the Office suite since its launch in 1983.