Global

Top 100 AI companies by revenue

The 100 largest AI-native companies worldwide by annual revenue: model labs, AI infrastructure, AI applications and robotics. Big tech and long-listed incumbents are left out.

Updated Oct 25, 2026100 companies4 from Y Combinator

  1. 1

    Anthropic

    Claude models and assistant

    San Francisco Model lab Founded 2021 Private

    United States
    Q3 2026[1]
  2. 2

    OpenAI

    ChatGPT and GPT models

    San Francisco Model lab Founded 2015 Private

    United States
    Sep 2026[2]
  3. 3

    xAI

    Grok models, the X platform and Cursor · SpaceX's AI segment

    Palo Alto / Starbase Model lab Founded 2023 Listed Jun 2026 · Nasdaq (parent SpaceX)

    United States
    Q3 2026[3]
  4. 4

    CoreWeave

    AI cloud / neocloud

    Livingston, NJ AI infrastructure Founded 2017 Listed Mar 2025 · Nasdaq

    United States
    Q2 2026[4]
  5. 5

    Databricks

    Data and AI platform

    San Francisco AI infrastructure Founded 2013 Private

    United States
    Q2 FY2027[5]
  6. 6

    Anduril

    Autonomous defense systems & Lattice software

    Costa Mesa, CA Embodied AI Founded 2017 Private

    United States
    FY2025[6]
  7. 7

    Crusoe

    AI cloud & data centers

    San Francisco / Denver AI infrastructure Founded 2018 Private

    United States
    FY2026[7]
  8. 7

    Mercor

    Expert marketplace for AI training data

    San Francisco AI infrastructure Founded 2023 Private

    United States
    Jun 2026[8]
  9. 9

    Lambda

    AI cloud

    San Jose / San Francisco, CA AI infrastructure Founded 2012 Private

    United States
    FY2026[9]
  10. 10

    Surge AI

    Expert data for AI training

    San Francisco AI infrastructure Founded 2020 Private

    United States
    FY2024[10]
  11. 11

    Together AI

    AI cloud / inference

    San Francisco AI infrastructure Founded 2022 Private

    United States
    Q2 2026[11]
  12. 11

    Handshake

    Expert network for AI training data

    San Francisco AI infrastructure Founded 2014 Private

    United States
    Apr 2026[12]
  13. 13

    Higgsfield AI

    AI video / creative

    San Francisco Consumer AI app Founded 2023 Private

    United States
    Sep 2026[14]
  14. 13

    DeepSeek (深度求索)

    Open-weight LLMs and API

    Hangzhou Model lab Founded 2023 Private

    China
    Sep 2026[15]
  15. 13

    Moonshot AI (月之暗面)

    Kimi models and assistant

    Beijing Model lab Founded 2023 Private

    China
    Aug 2026[16]
  16. 13

    Fireworks AI

    Inference platform

    Redwood City, CA AI infrastructure Founded 2022 Private

    United States
    Jul 2026[17]
  17. 13

    Scale AIY

    AI training data and evaluation

    San Francisco AI infrastructure Founded 2016 Private

    United States
    FY2025[18]
  18. 19

    Cognition

    AI coding agents · Devin, Windsurf

    San Francisco Business AI app Founded 2023 Private

    United States
    Sep 2026[19]
  19. 20

    Applied Intuition

    Autonomy & vehicle software

    Silicon Valley, CA Embodied AI Founded 2017 Private

    United States
    FY2025[20]
  20. 21

    fal

    Generative-media inference platform

    San Francisco AI infrastructure Founded 2021 Private

    United States
    late Sep 2026[21]
  21. 22

    Perplexity

    Search / agents

    San Francisco Consumer AI app Founded 2022 Private

    United States
    Aug 2026[22]
  22. 23

    Cerebras Systems

    AI chips & cloud

    Sunnyvale, CA AI infrastructure Founded 2016 Listed May 2026 · Nasdaq

    United States
    Q2 2026[23]
  23. 24

    Superhuman

    AI writing / productivity · formerly Grammarly

    San Francisco Consumer AI app Founded 2009 Private

    United States
    May 2025[24]
  24. 25

    Fluidstack

    AI cloud / data centers

    New York AI infrastructure Founded 2017 Private

    United States
    FY2026[25]
  25. 26

    ElevenLabs

    Voice AI models and apps

    New York Business AI app Founded 2022 Private

    United States
    Sep 2026[26]
  26. 26

    Lovable

    AI app builder / vibe coding

    Stockholm Consumer AI app Founded 2023 Private

    Sweden
    Sep 2026[27]
  27. 26

    AlphaSense

    AI market intelligence

    New York Business AI app Founded 2011 Private

    United States
    Q1 2026[28]
  28. 26

    Baseten

    Inference platform

    San Francisco AI infrastructure Founded 2019 Private

    United States
    End of Q1 2026[29]
  29. 30

    ReplitY

    AI coding / app builder

    Foster City, CA Consumer AI app Founded 2016 Private

    United States
    Apr 2026[30]
  30. 31

    micro1

    Expert marketplace for AI training data

    San Francisco AI infrastructure Founded 2022 Private

    United States
    Aug 2026[31]
  31. 31

    Clio

    Legal AI / legal practice platform

    Burnaby / Vancouver, BC Business AI app Founded 2008 Private

    Canada
    May 2026[32]
  32. 31

    Gong

    Revenue AI / conversation intelligence

    San Francisco Business AI app Founded 2015 Private

    United States
    Apr-May 2026[33]
  33. 31

    VAST Data

    AI data platform / storage

    New York AI infrastructure Founded 2016 Private

    United States
    FY to Jan 2026[34]
  34. 31

    Lightning AI

    AI cloud (merged with Voltage Park)

    New York AI infrastructure Founded 2019 Private

    United States
    Jan 2026[35]
  35. 31

    Midjourney

    AI image and video generation

    San Francisco Consumer AI app Founded 2021 Private

    United States
    FY2025[36]
  36. 37

    Geek+ (极智嘉)

    Warehouse robots / AMRs

    Beijing Embodied AI Founded 2015 Listed Jul 2025 · HKEX

    China
    Jun 2026[37]
  37. 38

    MetaX (沐曦股份)

    GPUs / AI chips

    Shanghai AI infrastructure Founded 2020 Listed Dec 2025 · SSE STAR

    China
    Sep 2026[38]
  38. 39

    Momenta

    Autonomous-driving software

    Beijing / Suzhou Embodied AI Founded 2016 Listed Jul 2026 · HKEX

    China
    Jun 2026[39]
  39. 40

    Manus

    General-purpose AI agent for individuals and teams

    Singapore Consumer AI app Founded 2022 Private

    Singapore
    Jun 2026[40]
  40. 40

    Mistral AI

    Open and commercial LLMs, Le Chat

    Paris Model lab Founded 2023 Private

    France
    Jan-Feb 2026[41]
  41. 42

    Fractal Analytics

    Enterprise AI and analytics

    Mumbai Business AI app Founded 2000 Listed Feb 2026 · NSE / BSE

    India
    Jun 2026[42]
  42. 43

    Moore Threads (摩尔线程)

    GPUs / AI chips

    Beijing AI infrastructure Founded 2020 Listed Dec 2025 · SSE STAR

    China
    Jun 2026[43]
  43. 44

    Snorkel AI

    Expert training data as a service

    Redwood City, CA AI infrastructure Founded 2019 Private

    United States
    Sep 2026[44]
  44. 44

    ProlificY

    Human data platform for AI research

    London / Oxford AI infrastructure Founded 2014 Private

    United Kingdom
    Apr 2026[45]
  45. 46

    Dataiku

    Enterprise AI / ML platform

    New York AI infrastructure Founded 2013 Private

    United States
    Sep 2025[46]
  46. 47

    Agile Robots

    AI-driven robot arms, humanoids & automation

    Munich Embodied AI Founded 2018 Private

    Germany
    FY2025[47]
  47. 47

    Exotec

    Warehouse robotics (Skypod)

    Croix / Lille Embodied AI Founded 2015 Private

    France
    FY2025[48]
  48. 47

    Quantum Systems

    Autonomous reconnaissance drones

    Gilching / Munich Embodied AI Founded 2015 Private

    Germany
    FY2025[49]
  49. 50

    RunPod

    GPU cloud for developers

    Mt. Laurel, NJ AI infrastructure Founded 2022 Private

    United States
    Oct 2026[50]
  50. 51

    Biren Technology (壁仞科技)

    GPUs / AI chips

    Shanghai AI infrastructure Founded 2019 Listed Jan 2026 · HKEX

    China
    Jun 2026[51]
  51. 52

    Harvey

    Legal AI

    San Francisco Business AI app Founded 2022 Private

    United States
    Q2 2026[52]
  52. 52

    Glean

    Enterprise AI search / agents

    Palo Alto Business AI app Founded 2019 Private

    United States
    May 2026[53]
  53. 52

    Shield AI

    Hivemind autonomy pilot + drones

    San Diego Embodied AI Founded 2015 Private

    United States
    FY to Mar 2025[54]
  54. 52

    Suno

    AI music

    Cambridge, MA Consumer AI app Founded 2022 Private

    United States
    Feb 2026[55]
  55. 52

    Cleo

    AI financial assistant

    London Consumer AI app Founded 2016 Private

    United Kingdom
    2026[56]
  56. 52

    Turing

    AI training data and coding talent

    Palo Alto AI infrastructure Founded 2018 Private

    United States
    End-2024[57]
  57. 58

    Hai Robotics (海柔创新)

    Case-handling warehouse robots

    Shenzhen Embodied AI Founded 2016 Private (Hong Kong IPO filed)

    China
    FY2025[58]
  58. 59

    Nscale

    AI cloud

    London AI infrastructure Founded 2024 Private (US IPO filed Sep 2026)

    United Kingdom
    H1 2026[59]
  59. 60

    Heartflow

    AI analysis of heart CT scans for coronary artery disease

    San Francisco Business AI app Founded 2007 Listed Aug 2025 · Nasdaq

    United States
    Q2 2026[60]
  60. 61

    Enflame (燧原科技)

    AI chips

    Shanghai AI infrastructure Founded 2018 Listed Sep 2026 · SSE STAR

    China
    Jun 2026[61]
  61. 62

    Plaud

    AI note-taking device + subscription

    San Francisco Consumer AI app Founded 2021 Private

    United States
    Jun 2026[62]
  62. 62

    Genspark

    AI agents / workspace

    Palo Alto Consumer AI app Founded 2023 Private

    United States
    Apr 2026[63]
  63. 62

    Lightricks

    Facetune & creative apps; LTX video model

    Jerusalem Consumer AI app Founded 2013 Private

    Israel
    Jul 2025[64]
  64. 65

    Cohere

    Enterprise LLMs and the North agent platform

    Toronto Model lab Founded 2019 Private

    Canada
    End-2025[65]
  65. 66

    Unitree Robotics (宇树科技)

    Quadruped & humanoid robots

    Hangzhou Embodied AI Founded 2016 Listed Aug 2026 · SSE STAR

    China
    FY2025[66]
  66. 67

    Iluvatar CoreX (天数智芯)

    GPUs / AI chips

    Shanghai AI infrastructure Founded 2015 Listed Jan 2026 · HKEX

    China
    Jun 2026[67]
  67. 68

    Magnific

    Generative image/video creative platform · formerly Freepik

    Málaga Consumer AI app Founded 2010 Private

    Spain
    Apr 2026[68]
  68. 69

    Domyn

    Sovereign AI models and platform · formerly iGenius

    Milan Model lab Founded 2016 Private

    Italy
    Jul 2026[69]
  69. 70

    Mininglamp (明略科技)

    Marketing & data intelligence, enterprise agents

    Beijing Business AI app Founded 2006 Listed Nov 2025 · HKEX

    China
    Jun 2026[70]
  70. 71

    Zhipu AI (智谱)

    GLM models and assistant

    Beijing Model lab Founded 2019 Listed Jan 2026 · HKEX

    China
    Jun 2026[71]
  71. 72

    Legora

    Legal AI

    Stockholm Business AI app Founded 2023 Private

    Sweden
    Oct 2026[72]
  72. 72

    Runway

    AI video and world models

    New York Business AI app Founded 2018 Private

    United States
    Sep 2026[73]
  73. 72

    Innovaccer

    Healthcare data platform and AI agents for health systems

    San Francisco Business AI app Founded 2014 Private

    United States
    Jul 2026[74]
  74. 72

    HeyGen

    AI video avatars

    Los Angeles Business AI app Founded 2020 Private

    United States
    Jun 2026[75]
  75. 72

    EliseAI

    AI agents for housing and healthcare operations

    New York Business AI app Founded 2017 Private

    United States
    Jun 2026[76]
  76. 72

    Sierra

    Customer-service agents

    San Francisco Business AI app Founded 2023 Private

    United States
    May 2026[77]
  77. 72

    Saronic

    Autonomous surface vessels

    Austin Embodied AI Founded 2022 Private

    United States
    FY2025[78]
  78. 72

    Commure

    AI agents, ambient scribing and revenue-cycle software for health systems

    Mountain View, CA Business AI app Founded 2017 Private

    United States
    Jun 2025[79]
  79. 72

    Insider

    AI-native customer engagement & marketing platform

    Singapore Business AI app Founded 2012 Private

    Singapore
    Nov 2024[80]
  80. 72

    Abnormal AI

    AI-native email security

    San Francisco Business AI app Founded 2018 Private

    United States
    Aug 2024[81]
  81. 82

    Unisound (云知声)

    Speech AI, LLM agents

    Beijing Business AI app Founded 2012 Listed Jun 2025 · HKEX

    China
    Jun 2026[82]
  82. 83

    Locus Robotics

    Autonomous mobile robots for warehouse fulfillment

    Wilmington, MA Embodied AI Founded 2014 Private

    United States
    Jun 2026[83]
  83. 83

    Skydio

    Autonomous drones

    San Mateo, CA Embodied AI Founded 2014 Private

    United States
    FY2024[84]
  84. 85

    CiDi (希迪智驾)

    Autonomous mining & logistics vehicles

    Changsha Embodied AI Founded 2017 Listed Dec 2025 · HKEX

    China
    Jun 2026[85]
  85. 86

    MiniMax

    Multimodal models; Hailuo and Talkie apps

    Shanghai Model lab Founded 2021 Listed Jan 2026 · HKEX

    China
    Jun 2026[86]
  86. 87

    OpenRouter

    Model routing / inference marketplace

    New York AI infrastructure Founded 2023 Private

    United States
    Aug 2026[87]
  87. 88

    Seyond (图达通)

    Lidar for autonomous driving & robots

    Suzhou Embodied AI Founded 2016 Listed Dec 2025 · HKEX (via SPAC)

    China
    FY2025[88]
  88. 89

    PodiumY

    AI agents for local businesses: calls, leads, scheduling and follow-up

    Lehi, UT Business AI app Founded 2014 Private

    United States
    Oct 2026[89]
  89. 89

    Hugging Face

    Model hub, hosting & inference

    New York AI infrastructure Founded 2016 Private

    United States
    Aug 2026[90]
  90. 89

    Synthesia

    AI video avatars

    London Business AI app Founded 2017 Private

    United Kingdom
    Jan 2026[91]
  91. 92

    Galaxis (凯乐士)

    Intralogistics robots

    Jiaxing, Zhejiang Embodied AI Founded 2016 Listed Mar 2026 · HKEX

    China
    Jun 2026[92]
  92. 93

    Agibot (智元机器人)

    Humanoid robots

    Shanghai Embodied AI Founded 2023 Private

    China
    FY2025[93]
  93. 94

    Pony.ai (小马智行)

    Autonomous driving / robotaxi

    Guangzhou / Beijing Embodied AI Founded 2016 Listed Nov 2024 · Nasdaq (+HKEX 2025)

    China
    Q2 2026[94]
  94. 95

    Patsnap

    IP & R&D intelligence with Eureka AI agents

    Singapore Business AI app Founded 2007 Private

    Singapore
    2025[95]
  95. 96

    Insilico Medicine (英矽智能)

    AI drug discovery

    Hong Kong / Shanghai Business AI app Founded 2014 Listed Dec 2025 · HKEX

    China
    Jun 2026[96]
  96. 97

    Invisible Technologies

    RLHF and expert training data

    San Francisco AI infrastructure Founded 2015 Private

    United States
    FY2024[97]
  97. 98

    WeRide (文远知行)

    Autonomous driving / robotaxi

    Guangzhou Embodied AI Founded 2017 Listed Oct 2024 · Nasdaq

    China
    Q2 2026[98]
  98. 99

    Minieye (佑驾创新)

    Driver assistance & L4 robo-vehicles

    Shenzhen Embodied AI Founded 2014 Listed Dec 2024 · HKEX

    China
    Jun 2026[99]
  99. 100

    Chai

    AI companion chat

    Palo Alto Consumer AI app Founded 2021 Private

    United States
    Oct 2026[100]

Method

How we built this list. Revenue from company statements, filings and credible press, researched on Oct 25, 2026.

  1. Who is on the list

    AI companies headquartered anywhere in the world. We count companies whose main business is AI: model labs, AI applications, AI infrastructure (chips, clouds, inference and training data) and embodied AI. Big tech and other incumbents are left out, along with companies they own.

  2. Recent listings only

    Companies that went public before Oct 25, 2024, more than two years before our research date, count as incumbents whose scale predates the AI boom, so they are not ranked. Private companies and companies that listed since then are.

  3. Latest annual revenue

    For private companies we use the latest annual recurring revenue or run-rate from the company or credible press. For listed companies we use filings: the latest quarter ×4, or the last 12 months for companies that report every six months. When a company has published nothing for over a year, we use a third-party estimate and label it Estimate.

  4. One currency, ranked by size

    Every figure is in US dollars, converted at the IRS 2025 average exchange rates. Run-rates, bookings, forecasts and trailing revenue are different measures, so treat companies with close figures as roughly level.

  • Not ranked because they listed before Oct 25, 2024: iFlytek (科大讯飞), Nebius Group, Cambricon (寒武纪), Tempus AI, 4Paradigm (第四范式), Darktrace, SenseTime (商汤), Horizon Robotics (地平线), Meitu (美图), UBTech Robotics (优必选), Innodata, Appier Group, IREN, Docebo, Appen, SoundHound AI, PKSHA Technology, C3.ai, Coveo, Black Sesame Technologies (黑芝麻智能), XtalPi (晶泰控股), ExaWizards, Seeing Machines, FRONTEO, HEROZ, Ai-Media, AI inside, ABEJA.
  • Big tech is left out: Google, Microsoft, Amazon, Meta, Apple, Nvidia, Oracle, Salesforce, IBM, Baidu, Alibaba, Tencent and ByteDance, along with companies they own, such as Waymo and Leonardo.ai.
  • Cursor's revenue is counted inside xAI, because xAI's parent SpaceX bought Cursor in 2026.
  • The orange Y marks companies in the Y Combinator directory. Logos are each company's LinkedIn profile image, or its GitHub avatar when it has no LinkedIn logo.
  • Exchange rates: IRS yearly average currency exchange rates.

Sources

  1. 1

    Anthropic Reuters via The Star (first reported by FT) Latest quarter ×4, Q3 2026 (Jul-Sep) thestar.com.my

    "Anthropic told investors its third-quarter revenue jumped to $16.8 billion and that it turned a profit in the quarter"

  2. 2

    OpenAI Reuters via Zawya (first reported by FT) Run-rate, Sep 2026 zawya.com

    "OpenAI has told investors its annualized revenue for September was almost $50 billion." OpenAI excludes revenue from sales through cloud partners (AWS, Google Cloud), unlike Anthropic.

  3. 3

    xAI SpaceX Form 8-K, Exhibit 99.1 (SEC EDGAR) Latest quarter ×4, Q3 2026 (Jul-Sep) sec.gov

    "SI revenues $7,560 $2,561 $813 $10,939 $2,278" (Q3'26, Q2'26, Q3'25, 9M'26, 9M'25, $M). Up 830% YoY, "primarily driven by the activation of new cloud services agreements, the acquisition of Cursor" and increased Grok adoption.

  4. 4

    CoreWeave CoreWeave Q2 2026 earnings release (investor relations) + earnings-call coverage (MarketBeat) Latest quarter ×4, Q2 2026 (Apr-Jun) investors.coreweave.com

    Revenue of $2,575 million for the three months ended June 30, 2026 (vs $1,212M in Q2 2025); backlog ~$104B. Call: "raised revenue guidance to $12.4 billion to $13.2 billion" for FY2026 (https://www.marketbeat.com/instant-alerts/coreweave-q2-earnings-call-highlights-2026-08-11/).

  5. 5

    Databricks Databricks press release (reposted by investor Sixth Street) Run-rate, Q2 FY2027 (quarter ending Jul 2026) sixthstreet.com

    Databricks crossed a $7 billion revenue run-rate, delivering >80% year-over-year growth during its Q2; closed $5B round at $190B valuation.

  6. 6

    Anduril Contrary Research Full-year revenue, FY2025 research.contrary.com

    Anduril roughly doubled revenue to about $2.2B in 2025 and projects about $4.3B in 2026.

  7. 7

    Crusoe Newcomer Forecast, FY2026 (expected) newcomer.co

    Crusoe "on track for $2 billion in revenue this year"; raised $3.9B at $30.9B valuation.

  8. 8

    Mercor Dealroom news (citing person with knowledge; CEO Brendan Foody also posted on X) Gross run-rate, Jun 2026 dealroom.co

    Mercor "hit over $2 billion in gross annualized revenue in June 2026"; net revenue after contractor payouts roughly $600-800M.

  9. 9

    Lambda Tech Funding News (citing Bloomberg) Forecast, FY2026 (expected) techfundingnews.com

    "Lambda is expected to generate more than $1.5 billion in revenue in 2026" (Bloomberg, people familiar); in talks to raise up to $3B at $12B+ valuation.

  10. 10

    Surge AI Forbes Australia (Forbes billionaires profile of Edwin Chen) Full-year revenue, FY2024 forbes.com.au

    Surge "brought in $1.2 billion in revenue in 2024, less than five years after its founding".

  11. 11

    Together AI Dealroom news (Series C coverage) Bookings run-rate, Q2 2026 dealroom.co

    "Together AI's annual bookings crossed $1.15 billion in Q2 2026." $800M Series C at $8.3B valuation led by Aramco Ventures.

  12. 12

    Handshake Dealroom news (summarizing The Information) Gross run-rate, Apr 2026 dealroom.co

    Handshake's gross annualized revenue from AI training rose to nearly $1 billion, up from $550M in January; total gross ARR ~ $1.15B including recruiting business.

  13. 13

    Modal SBBIT (reporting the Series D) Run-rate, Oct 2026 sbbit.jp

    Modal raised $750M at a $15.75B valuation with annual recurring revenue above $1B, up from about $50M in February 2026.

  14. 14

    Higgsfield AI Higgsfield company blog (also Bloomberg 2026-09-24) Run-rate, Sep 2026 higgsfield.ai

    "Higgsfield has crossed $1 billion in annualized revenue run rate, 18 months after launching our AI-native creative suite." Based on latest four weeks x13.

  15. 15

    DeepSeek (深度求索) The Next Web (citing The Information) Run-rate, Sep 2026 thenextweb.com

    DeepSeek's annualised revenue run rate topped $1 billion, a figure reportedly shared by CEO Liang Wenfeng with investors.

  16. 16

    Moonshot AI (月之暗面) Dealroom news (citing Bloomberg) Run-rate, Aug 2026 dealroom.co

    Moonshot AI told investors its annualized recurring revenue passed $1 billion in August, up from about $300M in June, after the Kimi K3 launch; aiming for $2B by December.

  17. 17

    Fireworks AI Fireworks Series D announcement (republished by investor Ontario Teachers' Pension Plan) Run-rate, Jul 2026 otpp.com

    "Fireworks surpasses $1 billion in annualized revenue run rate"; $1.5B Series D at $17.5B valuation.

  18. 18

    Scale AI Forbes Full-year revenue, FY2025 / 2026 outlook forbes.com

    Scale tells Forbes it tallied just shy of $1 billion in revenue last year, up from $870 million the year before, and expects to top $1 billion in revenue this year.

  19. 19

    Cognition Pulse 2.0 (reporting Cognition's Series E announcement) Run-rate, Sep 2026 pulse2.com

    Cognition "said its run-rate revenue has increased from $492 million to nearly $900 million"; raised >$2B at $48B valuation.

  20. 20

    Applied Intuition Sacra (estimate) Estimate, FY2025 sacra.com

    Sacra estimates Applied Intuition's ARR at $830M in 2025, up ~2x from $415M in 2024, ~80% gross margin.

  21. 21

    fal The Information (via Digg) Run-rate, late Sep 2026 digg.com

    fal's "annualized revenue has doubled since March to $800 million" (The Information).

  22. 22

    Perplexity Reuters (citing The Information) via The Star Run-rate, Aug 2026 thestar.com.my

    Perplexity's annualized revenue has grown to more than $750 million from under $250 million at the start of 2026, driven by its Computer agent; Nvidia in talks to invest at >$30B valuation.

  23. 23

    Cerebras Systems Cerebras Form 8-K earnings release (SEC EDGAR) Latest quarter ×4, Q2 2026 (Apr-Jun) sec.gov

    "GAAP total revenue of $180.1 million, up 74% year-over-year; Core total revenue of $209.9 million, up 103% year-over-year."

  24. 24

    Superhuman Tech.eu Full-year revenue, May 2025 tech.eu

    Grammarly raised $1B non-dilutive financing from General Catalyst; annual revenue exceeds $700 million and the company is profitable.

  25. 25

    Fluidstack Dealroom news (citing Forbes) Forecast, FY2026 (projected) dealroom.co

    Investor memo projects 2026 revenue of $660 million, more than double the expected 2025 figure of $200 million; $1.5B round led by Jane Street at >$18B valuation.

  26. 26

    ElevenLabs TechCrunch Run-rate, Sep 2026 techcrunch.com

    CEO: "We are now $600 million in ARR." ~55% from large enterprises. Earlier: $330M ARR end-2025 (TechCrunch 2026-01-13), >$500M by May 2026.

  27. 27

    Lovable TechCrunch Run-rate, Sep 2026 techcrunch.com

    "Lovable has crossed annual run-rate revenue of $600 million" (co-founder Fabian Hedin).

  28. 28

    AlphaSense AlphaSense press release Run-rate, Q1 2026 alpha-sense.com

    AlphaSense surpassed $600 million in annual recurring revenue in Q1 2026 (up from $500M in Oct 2025) and raised $350M at $7.5B.

  29. 29

    Baseten Dealroom news (summarizing The Information) Annualized, End of Q1 2026 (Mar 2026) dealroom.co

    Baseten's annualized revenue "surged from $200 million to $600 million during Q1 2026".

  30. 30

    Replit Sacra (estimate) Estimate, Apr 2026 sacra.com

    Sacra estimates Replit hit ~$525M in annualized revenue in April 2026, up from ~$300M at end-2025. Company-confirmed: $150M annualized revenue Sep 2025 (https://techcrunch.com/2025/09/10/replit-hits-3b-valuation-on-150m-annualized-revenue/).

  31. 31

    micro1 TechCrunch Gross run-rate, Aug 2026 techcrunch.com

    Micro1 reached a $500 million gross annual run rate, up from $100 million over the past eight months (person familiar with the company); net annual run rate ~$150-200M.

  32. 32

    Clio Clio press release (Newswire.ca / CNW) Run-rate, May 2026 newswire.ca

    "Clio, the global leader in legal AI, today announced it has surpassed US$500 million in annual recurring revenue (ARR)"; follows US$1B vLex acquisition and US$500M Series G at US$5B.

  33. 33

    Gong Gong press release Run-rate, Apr-May 2026 gong.io

    Annual recurring revenue (ARR) has now surpassed $500 million, with growth accelerating past 55% year over year.

  34. 34

    VAST Data Wamda (reporting the Series F release) Run-rate, FY ended Jan 2026 wamda.com

    VAST ended fiscal 2026 with more than $500 million in Committed Annual Recurring Revenue (CARR), over $4 billion in cumulative bookings and positive free cash flow.

  35. 35

    Lightning AI Voltage Park / Lightning AI merger release Run-rate, Jan 2026 voltagepark.com

    Since 2024, the combined company has grown from $18M to over $500M in ARR.

  36. 36

    Midjourney Latka (estimate) Estimate, FY2025 getlatka.com

    Latka: in 2025 Midjourney's revenue reached $500M, up from $300M in 2024. Confirmed 2024 figure: lawsuit says Midjourney "made $300 million last year alone" (https://www.cnbc.com/amp/2025/06/11/disney-universal-midjourney-ai-copyright.html).

  37. 37

    Geek+ (极智嘉) StockAnalysis (compiled from HKEX filings) Trailing 12 months, Jun 2026 stockanalysis.com

    Revenue (CNY millions): TTM Jun-2026 3,430.00; FY2025 3,171.00; FY2024 2,409.00; FY2023 2,143.00.

  38. 38

    MetaX (沐曦股份) Caiwen News (9M 2026 preliminary results) Trailing 12 months, Sep 2026 (preliminary) caiwennews.com

    MetaX expects 9M 2026 revenue of RMB 254,139.91万-310,615.44万 and net profit RMB 5.87-7.17亿 (turnaround). FY2025 revenue RMB 16.44亿 (https://wallstreetcn.com/articles/3768472).

  39. 39

    Momenta HKEX interim results announcement (also CnEVPost) Trailing 12 months, Jun 2026 www1.hkexnews.hk

    H1 2026 revenue ~RMB 1.60B, +75.9% YoY; gross margin 73.2% (https://cnevpost.com/2026/08/31/momenta-earnings-h1-2026/). FY2025 revenue RMB 2.413B per IPO prospectus coverage (https://technode.com/2026/06/30/momenta-launches-hong-kong-ipo-with-gic-fidelity-and-blackrock-as-cornerstone-investors).

  40. 40

    Manus Caixin Global Run-rate, Jun 2026 caixinglobal.com

    Manus's "annual recurring revenue had climbed to about $400 million from $100 million in December" (person close to the company, via Caixin).

  41. 41

    Mistral AI The Decoder (summarizing FT interview) Run-rate, Jan-Feb 2026 the-decoder.com

    Mistral CEO Arthur Mensch told the FT the company's annualized revenue run-rate passed $400M, up from ~$20M a year earlier; targets >$1B by end-2026. CNBC Disruptor 50 (2026-05-19) repeats the >$400M Jan-2026 run-rate.

  42. 42

    Fractal Analytics StockAnalysis (compiled from NSE filings) Trailing 12 months, Jun 2026 stockanalysis.com

    Revenue (INR millions): TTM Jun-2026 34,517; FY2026 32,997; FY2025 27,654; FY2024 21,963.

  43. 43

    Moore Threads (摩尔线程) Cailian Press (H1 2026 report coverage) Trailing 12 months, Jun 2026 m.cls.cn

    H1 2026 revenue RMB 17.36亿, +147.42% YoY, exceeding FY2025 revenue of RMB 15.05亿 (NCSTI https://www.ncsti.gov.cn/kjdt/scyq/zgckxc/zgcdt/202608/t20260814_253471.html).

  44. 44

    Snorkel AI TechCrunch Run-rate, Sep 2026 techcrunch.com

    Snorkel's run-rate has crossed $350 million, from roughly $20 million a year earlier, driven by the data-as-a-service business launched in Sep 2025.

  45. 45

    Prolific Sacra (estimate) Estimate, Apr 2026 sacra.com

    Sacra estimates Prolific at ~$350M annualized revenue in April 2026, including revenue share paid to contractors.

  46. 46

    Dataiku Sacra (estimate) Estimate, Sep 2025 sacra.com

    Sacra estimates that Dataiku hit $342.5M in ARR in September 2025, up from $300M at the end of 2024.

  47. 47

    Agile Robots Robotics & Automation News (citing WSJ) Full-year revenue, FY2025 roboticsandautomationnews.com

    CEO Zhaopeng Chen told the WSJ the firm brought in about EUR 300 million in 2025 and expects around EUR 600 million in 2026.

  48. 48

    Exotec L'Essentiel de l'Eco Full-year revenue, FY2025 lessentieldeleco.fr

    En 2025, Exotec affiche 300 millions d'euros de chiffre d'affaires.

  49. 49

    Quantum Systems Die Rheinpfalz Full-year revenue, FY2025 rheinpfalz.de

    Quantum Systems reported about EUR 300M in revenue for 2025.

  50. 50

    RunPod RunPod press release Run-rate, Oct 2026 runpod.io

    Runpod Surpasses $325 Million in ARR - nearly threefold growth since January ($120M).

  51. 51

    Biren Technology (壁仞科技) Caiwen News (HKEX interim results coverage) Trailing 12 months, Jun 2026 caiwennews.com

    Biren H1 2026 revenue RMB 12.36亿, +1997.6% YoY. FY2025 revenue RMB 10.35亿, +207.2% (https://www.thepaper.cn/newsDetail_forward_32863736).

  52. 52

    Harvey Harvey blog (company) Run-rate, Q2 2026 (end-Jun) harvey.ai

    "Q2 marked a milestone quarter for Harvey, with the company adding more than $100 million in ARR"; ~$190M ARR at end-2025 (TechCrunch).

  53. 53

    Glean Glean press release (Business Wire) Run-rate, May 2026 businesswire.com

    Glean announced it reached $300 million in annual recurring revenue (ARR), just 15 months after reaching $100 million ARR.

  54. 54

    Shield AI Sacra (estimate) Estimate, FY Mar-2025 sacra.com

    Sacra estimates about $300M of revenue for the year ending March 2025, up from $267M.

  55. 55

    Suno TechCrunch Run-rate, Feb 2026 techcrunch.com

    AI music generator Suno hits 2M paid subscribers and $300M in annual recurring revenue (CEO post).

  56. 56

    Cleo Cleo company page Run-rate, 2026 (undated company page) web.meetcleo.com

    Cleo's company page states it has surpassed $300 million in ARR (date not given).

  57. 57

    Turing Turing press release (Business Wire) Full-year revenue, End-2024 businesswire.com

    Turing Annual Revenue Runrate Nearly Triples to $300M in Profitable Year; CEO: "We've gone from $100 to $300 million in ARR in a single year".

  58. 58

    Hai Robotics (海柔创新) OFweek Robotics (HK IPO prospectus coverage) Full-year revenue, FY2025 robot.ofweek.com

    Prospectus: revenue of RMB 807M, 1,360M and 2,017M in 2023-2025.

  59. 59

    Nscale Reuters via The Star (IPO filing coverage) Latest half-year ×2, H1 2026 (Jan-Jun) thestar.com.my

    Nscale "posted a net loss of $1.02 billion on revenue of $140.6 million in the six months ended June 30"; largest customer 52% of revenue.

  60. 60

    Heartflow StockAnalysis (compiled from SEC filings) Latest quarter ×4, Q2 2026 (Apr-Jun) stockanalysis.com

    Quarterly revenue ($M): Q2-26 64.08, Q1-26 52.59, Q4-25 49.13, Q3-25 46.28, Q2-25 43.42, Q1-25 37.21.

  61. 61

    Enflame (燧原科技) Wallstreetcn (H1 2026 / 9M guidance coverage) Trailing 12 months, Jun 2026 wallstreetcn.com

    Enflame expects 9M 2026 revenue of RMB 23-30亿 (+325.78% to +455.36%); H1 2026 revenue RMB 11.20亿 (+279.08%), already above FY2025 revenue of RMB 9.90亿; Tencent was 83.79% of 2025 sales.

  62. 62

    Plaud Startup Fortune (citing Bloomberg) Run-rate, Jun 2026 startupfortune.com

    Plaud "has passed $250 million in annual recurring revenue and is aiming for $500 million in total 2026 sales" (Bloomberg). Company: software ARR $100M (https://itbrief.co.uk/story/plaud-says-arr-jumps-to-usd-100-million-in-two-years).

  63. 63

    Genspark Genspark press release (Business Wire) Run-rate, Apr 2026 businesswire.com

    Company release: Genspark surpasses $250 million in annual run rate in 12 months (Apr 2026). Series B extended to $485M at $2.6B post-money (Business Wire 2026-06-17).

  64. 64

    Lightricks Wikipedia (citing CTech, Jul 28, 2025) Run-rate, Jul 2025 en.wikipedia.org

    By July 2025 it had reached $250 million in Annual Recurring Revenues (ARR).

  65. 65

    Cohere BetaKit (citing CNBC) Run-rate, End-2025 betakit.com

    Cohere reportedly soared past its revenue target with $240M USD ARR in 2025, per an investor memo obtained by CNBC; ~70% gross margins.

  66. 66

    Unitree Robotics (宇树科技) Xinhua (prospectus/IPO coverage) Full-year revenue, FY2025 news.cn

    Prospectus: 2025 revenue ~RMB 17亿 (17.08亿 / 16.99亿 depending on version), +335%; main-business gross margin ~60%.

  67. 67

    Iluvatar CoreX (天数智芯) 10jqka (HKEX interim results coverage) Trailing 12 months, Jun 2026 stock.10jqka.com.cn

    Iluvatar CoreX H1 2026 revenue RMB 9.46亿, +191.64%. FY2025 revenue RMB 10.34亿, +91.6% (https://m.chinaventure.com.cn/news/108-20260331-390736.html).

  68. 68

    Magnific The Next Web Run-rate, Apr 2026 thenextweb.com

    Freepik rebrands as Magnific: a bootstrapped, profitable $230M ARR AI creative platform.

  69. 69

    Domyn Dealroom news (citing Sifted podcast interview with CEO Uljan Sharka) Run-rate, Jul 2026 dealroom.co

    Domyn "passed EUR 200 million in annualised recurring revenue in July 2026" (CEO Uljan Sharka, Sifted podcast); raising ~$2B.

  70. 70

    Mininglamp (明略科技) StockAnalysis (compiled from HKEX filings) Trailing 12 months, Jun 2026 stockanalysis.com

    Revenue (CNY millions): TTM Jun-2026 1,542.00; FY2025 1,426.00; FY2024 1,381.00; FY2023 1,462.00.

  71. 71

    Zhipu AI (智谱) Tencent News / Sina Finance (HKEX interim results coverage) Trailing 12 months, Jun 2026 finance.sina.cn

    H1 2026 revenue RMB 9.54亿, +399.7% YoY, exceeding FY2025 revenue of RMB 7.24亿; open platform & API RMB 8.25亿 (86.5%).

  72. 72

    Legora SiliconANGLE Run-rate, Oct 2026 siliconangle.com

    "Current ARR stands at more than $200 million." $550M Series E at $8.8B post-money led by Atreides.

  73. 73

    Runway Bloomberg Run-rate, Sep 2026 bloomberg.com

    Runway's ARR hit $200 million in September, driven by companies using its image- and video-generation software for marketing and ads; doubled in five months.

  74. 74

    Innovaccer Fortune Run-rate, Jul 2026 fortune.com

    That 2016 pivot allowed Innovaccer to cross $200 million in annual recurring revenue, Fortune learned exclusively.

  75. 75

    HeyGen HeyGen company blog Run-rate, Jun 2026 heygen.com

    HeyGen said it has surpassed $200 million in annual recurring revenue, doubling in eight months; cash-flow break-even in 2026 so far (Upstarts interview).

  76. 76

    EliseAI EliseAI press release Run-rate, Jun 2026 eliseai.com

    EliseAI, the AI company automating complex housing and healthcare systems, today announced it passed $200 million in annual recurring revenue (ARR), achieving 100% year-over-year growth for the fifth consecutive year.

  77. 77

    Sierra TechCrunch Run-rate, May 2026 techcrunch.com

    Sierra reached $100M ARR in seven quarters (Nov 2025), then added another $100M in two quarters, announced late May 2026 by co-founder/CEO Bret Taylor.

  78. 78

    Saronic Sacra (estimate) Estimate, FY2025 sacra.com

    Sacra estimates about $200M of 2025 revenue, up from $12.5M in 2024.

  79. 79

    Commure SiliconANGLE (citing Axios) Run-rate, Jun 2025 siliconangle.com

    Axios reported today that the company’s products generate more than $200 million in annual revenue.

  80. 80

    Insider Bloomberg HT (CEO interview) Run-rate, Nov 2024 bloomberght.com

    Hande Cilingir said Insider's revenue had reached $200 million ("Cirolarının 200 milyon dolara ulaştığını").

  81. 81

    Abnormal AI Abnormal Security press release (Business Wire) Run-rate, Aug 2024 businesswire.com

    AI-native human behavior security leader Abnormal said it recently crossed $200 million in ARR, growing 100%+ YoY, with a $250M Series D at $5.1B.

  82. 82

    Unisound (云知声) 10jqka (HKEX interim results coverage) Trailing 12 months, Jun 2026 stock.10jqka.com.cn

    Unisound H1 2026 revenue RMB 5.62亿, +38.7%; token business +760%. FY2025 revenue ~RMB 12.1亿, +29% (https://www.donews.com/news/detail/1/6485088.html).

  83. 83

    Locus Robotics Sacra (estimate) Estimate, Jun 2026 sacra.com

    Sacra estimates that Locus Robotics hit $180M in annual recurring revenue (ARR) in June 2026, up from $165M at the end of 2025.

  84. 84

    Skydio Sacra (estimate) Estimate, FY2024 sacra.com

    Sacra estimates Skydio hit $180M in revenue in 2024, up 80% year-over-year from $100M in 2023.

  85. 85

    CiDi (希迪智驾) StockAnalysis (compiled from HKEX filings) Trailing 12 months, Jun 2026 stockanalysis.com

    Revenue (CNY millions): TTM Jun-2026 1,280.00; FY2025 884.79; FY2024 410.04; FY2023 132.60.

  86. 86

    MiniMax MiniMax H1 2026 results press release (company) Trailing 12 months, Jun 2026 minimax.io

    H1 2026 revenue ~US$116.6M, +283.1% YoY; Open Platform US$73.9M. FY2025 revenue US$79.0M (https://www.minimax.io/news/minimax-global-announces-full-year-2025-financial-results).

  87. 87

    OpenRouter Sacra (estimate) Estimate, Aug 2026 sacra.com

    Sacra estimates OpenRouter reached $160M in annualized revenue in August 2026, up from $50M at the end of 2025.

  88. 88

    Seyond (图达通) Macau Business (Seyond 2025 annual report release) Full-year revenue, FY2025 macaubusiness.com

    Seyond's 2025 revenue was about US$154M, down 3.4% year over year; gross margin turned positive at 7.9%.

  89. 89

    Podium Podium press release (PR Newswire) Run-rate, Oct 2026 prnewswire.com

    Podium, a leader in AI for local businesses, today announced it has surpassed $150 million in AI-specific annual recurring revenue (ARR).

  90. 90

    Hugging Face Tiger Brokers news (citing Deep News) Annualized, Aug 2026 itiger.com

    Hugging Face has surpassed $150 million in annualized revenue, up 50% year over year (latest monthly revenue x12).

  91. 91

    Synthesia CNBC Run-rate, Jan 2026 cnbc.com

    Synthesia has hit $150 million in annual recurring revenue and expects to pass $200 million sometime in 2026, CFO Daniel Kim told CNBC; $200M Series E at $4B valuation.

  92. 92

    Galaxis (凯乐士) StockAnalysis (compiled from HKEX filings) Trailing 12 months, Jun 2026 stockanalysis.com

    Revenue (CNY millions): TTM Jun-2026 1,066.00; FY2025 908.70; FY2024 721.42; FY2023 550.79.

  93. 93

    Agibot (智元机器人) The Paper Full-year revenue, FY2025 m.thepaper.cn

    Co-founder Peng Zhihui said 2025 revenue surpassed RMB 10.5亿; company claims to be China's first robot/AI company above RMB 1B revenue.

  94. 94

    Pony.ai (小马智行) Pony.ai Q2 2026 results (company IR / HKEX) Latest quarter ×4, Q2 2026 (Apr-Jun) www1.hkexnews.hk

    Total revenues up 68.8% YoY to US$36.2M with Robotaxi services revenue up 691.2% to US$12.1M.

  95. 95

    Patsnap Tatler Asia (CEO profile, undated) Run-rate, 2025 tatlerasia.com

    By 2025, PatSnap had surpassed US$140 million in annual recurring revenue, posting 20 per cent year-on-year growth driven by AI-led innovation.

  96. 96

    Insilico Medicine (英矽智能) Unite.AI (interim results coverage) / company IR Trailing 12 months, Jun 2026 unite.ai

    Total revenue of US$106.3 million in H1 2026, +287.2% YoY, gross margin 90.3%; first net profit. FY2025 revenue US$56.24M (https://www.itiger.com/news/1172056437).

  97. 97

    Invisible Technologies Sacra (estimate) Estimate, FY2024 sacra.com

    Sacra estimates Invisible hit $134M in revenue in 2024, up from $60M in 2023.

  98. 98

    WeRide (文远知行) WeRide Q2 2026 results (company IR) Latest quarter ×4, Q2 2026 (Apr-Jun) ir.weride.ai

    2Q2026 Total Revenue Reached RMB231.7 Million, Up 82.2% Year over Year.

  99. 99

    Minieye (佑驾创新) StockAnalysis (compiled from HKEX filings) Trailing 12 months, Jun 2026 stockanalysis.com

    Revenue (CNY millions): TTM Jun-2026 863.25; FY2025 759.02; FY2024 654.48; FY2023 476.21.

  100. 100

    Chai Dealroom news (company figures) Run-rate, Oct 2026 dealroom.co

    Chai reported $120M ARR (unaudited run-rate) by 1 October 2026, after passing $100M in July 2026, with a team of ~15.