Venice AI is pulling in $70 million in annualized recurring revenue through its integration with Bittensor subnet 11, powered by roughly 1.7 million daily API calls.
Delphi Digital, the crypto research firm, projects Venice AI’s total ARR at approximately $200M based on a recent three-week window of subscriber data tracking.
Inside the revenue machine
Subnet 11, which previously operated under the name Dippy and has since evolved into TrajectoryRL, specializes in roleplay, companion AI, and prompt optimization. The 1.7 million daily API calls flowing through this subnet translate into revenue-backed demand for subnet tokens.
TrajectoryRL itself documented roughly $50,000 in revenue during a single month. Scale that across the broader Venice ecosystem and you start to see how the $200M ARR projection from Delphi Digital isn’t just wishful math.
