The 11 Largest AI Companies in the World (December 2025 Edition)
This article provides an overview of the 11 largest AI-first companies in the world as of December 2025, ranked by their annual recurring revenue (ARR).
Why it matters
This article offers a comprehensive snapshot of the current state of the AI industry, showcasing the emergence of a new generation of AI-powered companies that are driving innovation and disruption across various sectors.
Key Points
- 1The ranking includes only AI-first companies whose core business is developing and monetizing their own foundation models
- 2OpenAI is the unchallenged leader with $13-20 billion ARR, fueled by ChatGPT, GPT-4.1, and a massive enterprise API ecosystem
- 3Anthropic, creator of Claude, is the fastest-growing enterprise AI provider with $7-9 billion ARR
- 4Midjourney, a profitable creative AI company, has built a $500+ million ARR business with no venture capital
- 5Cursor (Anysphere) is the breakout star of the AI coding revolution, passing $500 million ARR
Details
The article provides detailed information on the 11 largest AI-first companies, including their ARR, business models, and key products/services. It highlights the rapid growth and monetization of AI technologies, with companies like OpenAI, Anthropic, and Cursor achieving massive scale in a short period. The article also notes the exclusion of big tech companies and infrastructure providers, focusing solely on AI-first organizations that have developed and monetized their own foundation models.
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