Anthropic’s annualized revenue surges to $65B

Anthropic's annualized revenue has surged to an impressive $65 billion by the end of July, a significant increase from $47 billion in May and $9 billion at the end of the previous year, according to Bloomberg. The model maker's rapid growth has caught the attention of investors, who expect it to continue at a similar pace throughout the remainder of the year, potentially reaching a total of $100 billion to $120 billion by the end of 2026, as reported by the Financial Times.

OpenAI, Anthropic's rival, has also seen a substantial rise in revenue, doubling to $40 billion from $20 billion at the end of 2025, as noted by Bloomberg. Despite using potentially different methods to calculate revenue, Anthropic's growth rate has garnered more investor interest compared to OpenAI's. Both companies have filed confidential IPO paperwork, with Anthropic poised for a potential debut on the public market this fall, aiming for a valuation of $2 trillion or more, the Financial Times revealed. Last May, Anthropic was valued at $965 billion following a $65 billion funding round.