tech
Anthropic's annualized revenue surges to $65B
The model maker added $18 billion in annualized revenue in two months.
TL;DR
- Anthropic's annualized revenue run rate surpassed $65 billion by the end of July.
- This represents a significant acceleration from $47 billion in May and $9 billion at the end of last year.
- Investors expect Anthropic's revenue to reach $100 billion to $120 billion by the end of 2026.
- Rival OpenAI's revenue doubled to $40 billion.
- Anthropic is expected to file for an IPO this fall, potentially before OpenAI.
- Anthropic is seeking a public valuation of $2 trillion or more.
- The company was last valued at $965 billion in May after raising $65 billion.