Generative AI Sector Hits $175B Annualized Revenue Run Rate, Growing 3x Faster Than Internet, Exponential View Reports

According to a report published by Exponential View on June 29, the generative AI industry generated $110 billion in trailing 12-month revenue and is currently operating at an annualized revenue run rate of approximately $175 billion. The sector has achieved this growth level roughly three times faster than the internet, mobile applications, and cloud computing did at comparable development stages. The analysis, based on bottom-up revenue data from over 1,000 companies, tracked revenue across the industry's value chain from consumer and enterprise applications to foundation models and infrastructure.
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