Anthropic's Annualized Revenue Surges to $65B
Anthropic, the artificial intelligence company, has achieved a remarkable revenue run rate of $65 billion by the end of July, a jump from $47 billion in May and $9 billion at last year’s close. Investors forecast that revenues could reach between $100 billion and $120 billion by 2026. In comparison, OpenAI's revenue has doubled to $40 billion, with an expected rise to $20 billion by the end of 2025. Both firms are pursuing confidential IPOs, with Anthropic potentially debuting this fall and targeting a valuation exceeding $2 trillion, following a noteworthy funding round.
Key facts
- Anthropic's annualized revenue run rate surpassed $65 billion at the end of July.
- Revenue was $47 billion in May and $9 billion at the end of last year.
- Investors expect revenue between $100 billion and $120 billion by end of 2026.
- OpenAI's revenue doubled to $40 billion from $20 billion at end of 2025.
- Both companies have filed confidential IPO paperwork.
- Anthropic expected to go public possibly this fall, ahead of OpenAI.
- Anthropic seeking public valuation of $2 trillion or more.
- Anthropic was last valued at $965 billion in late May after raising a $65 billion round.
Entities
Institutions
- Anthropic
- OpenAI
- Bloomberg
- Financial Times
- Wall Street Journal