Seven Chinese AI companies hit US$10.7 billion ARR, but the harder race is paying for scale

DIGITIMESSeptember 23, 2026en

China's leading AI developers are scaling revenue rapidly, but the gap with their US rivals remains substantial — and the cost of keeping pace is rising even faster. Rhodium Group estimates that seven major Chinese AI companies had combined annualized recurring revenue (ARR) of about US$10.7 billion, based on estimates dated between March and August 2026, roughly one-tenth of the more than US$100 billion attributed to OpenAI and Anthropic combined.

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• OpenAI
• Anthropic