Anthropic's annualized revenue run rate surpassed $65 billion by the end of July, signaling rapid growth for the AI model maker.
Anthropic's annualized revenue run rate surpassed $65 billion at the end of July, according to reports from Bloomberg. This figure represents a significant acceleration in growth, rising from $47 billion in May and $9 billion at the end of last year. Investors expect the company to maintain this pace, projecting a finish of between $100 billion and $120 billion by 2026. While rival OpenAI has doubled its revenue to $40 billion, Anthropic's growth rate has captured more investor interest. The company is preparing for a public debut, having filed confidential IPO paperwork. Anthropic is expected to enter the public markets ahead of OpenAI, potentially as with soon as this fall, seeking a valuation of $2 trillion or more. This would mark the record-breaking largest market debut in history if achieved. The company was last valued at $965 billion in late May during a<image|>$65 billion funding round.