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Anthropic’s revenue run rate tops US$65 billion: source

Anthropic is projecting 2028 revenue of roughly US$190 billion to US$200 billion

Anthropic, the creator of the Claude AI, has reached an impressive annual revenue run rate of over US$65 billion by July, a source has revealed. This marks a significant increase from US$47 billion in May and a dramatic jump from US$9 billion at the end of 2025. The company disclosed the latest figure to investors during ongoing financial updates, according to the source who spoke on condition of anonymity.

Bloomberg initially reported the news on Monday, August 17. Anthropic's projected revenue for 2028 is estimated to be between US$190 billion and US$200 billion, with the company's IPO valuation heavily influenced by these forecasts, as reported by Reuters on Friday. The AI company has gained prominence due to the popularity of its Claude coding agent, which is being utilized by developers and generating consistent revenue from enterprises.

Anthropic filed for an IPO confidentially earlier this year, alongside rival OpenAI, as both companies vie for market entry in the rapidly expanding AI sector. The company's valuation reached US$965 billion in May after securing US$65 billion in its Series H funding round, more than doubling its valuation of US$380 billion in February.

Written by urgent.news from The Business Times - Companies & Markets's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at businesstimes.com.sg →

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