tech
Ahead of its IPO, Anthropic's Daniela Amodei shrugs off doubts about AI's returns
Anthropic has been growing at a breakneck pace. The company announced that annualized revenue crossed $47 billion in May, up dramatically from roughly $9 billion at the end of 2025. That trajectory faces a real test, though.
TL;DR
- Anthropic has confidentially filed for an IPO.
- The company's recent $65 billion fundraise at a $965 billion valuation was greatly oversubscribed.
- Co-founder Daniela Amodei cites capital needs for AI model training and inference as a driver for seeking public market access.
- Annualized revenue crossed $47 billion in May, a significant increase from roughly $9 billion at the end of 2025.
- Amodei believes businesses are still in the early stages of effectively deploying AI.
- Anthropic is not building its own data centers, preferring to manage compute capacity cautiously.
- The company partnered with xAI for compute capacity, costing $1.25 billion per month.