10/08/2026
China’s AI firms are gaining ground—but the revenue gap remains wide.
Based on the latest disclosures as of September 2026, six leading Chinese AI firms generate an estimated US$11 billion in annualised direct AI revenue combined. That is around 10% of the estimated US$105 billion generated by Anthropic and OpenAI.
The comparison highlights where the race stands today: China’s AI ecosystem is building rapidly, while US leaders continue to lead in commercialising AI models and applications at scale. For investors, revenue growth—and the ability to convert AI demand into sustainable profits—may matter more than model headlines alone.
Which market do you think will narrow the AI monetisation gap first?