Anthropic revenue run rate tops $65 billion, source says
FILE PHOTO: Anthropic logo is seen in this illustration taken May 20, 2024. REUTERS/Dado Ruvic/Illustration/File Photo
Aug 17 (Reuters) - Anthropic's annual revenue run rate topped $65 billion by the end of July, a person familiar with the matter said on Monday, underscoring the Claude creator's rapid growth ahead of a potential public listing later this year.
The AI startup's latest revenue run rate — a metric that projects annual performance by extrapolating current sales levels — was up from the $47 billion in May and an extraordinary jump from about $9 billion at the end of 2025.
The company had shared the latest figure with investors as part of ongoing financial updates, the person said. Bloomberg first reported the development earlier on Monday.
Here are more details:
• Anthropic is projecting 2028 revenue of roughly $190 billion to $200 billion, with its IPO valuation hinging on those forecasts, Reuters reported on Friday.
• The company has emerged as an AI frontrunner as its Claude coding agent gains traction among developers, helping the company draw steady enterprise dollars.
• Anthropic earlier this year confidentially filed for an IPO, as the startup and rival OpenAI race to make their market debuts amid strong investor appetite for AI firms.
• Anthropic was valued at $965 billion in May after raising $65 billion in its Series H funding round, more than double its $380 billion valuation in February.
(Reporting by Anzar Mehraj in Bengaluru and Juby Babu in Mexico City; Editing by Leroy Leo)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Shein targets $26-27 billion valuation in Hong Kong IPO - report
- Google to buy Spirit Airlines business data for $10 million
- Colombia's president pegs early quake losses at $9.6 billion
Create E-mail Alert Related Categories
ReutersRelated Entities
IPOSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share