Last month, Scott Stevenson, co-founder and CEO of the legal AI startup Spellbook, took to X in an effort to expose what he called a “huge scam” among AI startups: inflation of the revenue figures ...

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It’s time to expose a huge scam in AI startups: Contracted ARR The reason many AI startups are crushing revenue records is because they are using a dishonest metric The biggest funds in the world are ...

The rivalry between Anthropic and OpenAI has spilled onto a new battleground: their self-reported annual recurring revenue, with OpenAI accusing Anthropic of overstating its revenue metric in an ...

Bengaluru-based AI startup Emergent has landed in the middle of a controversy after its co-founder and CEO Mukund Jha claimed the vibe-coding platform hit $100 million in annual revenue run-rate (ARR) ...

Emergent, a Bengaluru and San Francisco-based Artificial Intelligence (AI) startup, has found itself at the centre of a widening debate on how artificial intelligence companies report revenue. The ...

George Kurtz, CEO, highlighted that "AI is driving elevated demand for the Falcon platform and is a key accelerant for our business," emphasizing record net new ARR of $331 million for the quarter, a ...

Anthropic PBC is on track to generate annual revenue of almost $20 billion, a projection based on current performance, more than doubling its run rate from late last year — a sign of the AI company’s ...

AI has brought the startup world the rise of a new phenomenon: startups that almost instantly hit multimillion-dollar ARR (annual recurring revenue). Stories abound of founders going from zero to $10 ...