Audio By Carbonatix
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.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Muslim women charged to champion nation-building, moral upbringing and combat drug abuse
34 minutes -
‘Lifestyle with Rossie’ set to redefine Saturday television on Joy Prime
58 minutes -
Ghana’s prisons: A national issue we can’t ignore
2 hours -
Prince George set for first day at Eton College
2 hours -
Trump threatens to stop sale of Canadian Bombardier jets in US
2 hours -
Flight recorders recovered from ‘devastating’ Amazon cargo plane crash
4 hours -
AI cancer cures slowed by chip shortage, says UK’s biggest tech boss
4 hours -
Grindr to pay £26m to settle claims it allegedly shared users’ HIV status
4 hours -
China to pump $54bn into state banks and insurers to boost economy
4 hours -
Legal Green Association to hold maiden law students’ conference
4 hours -
Dolly Parton’s sister pleads for end to ‘AI garbage’ posts after singer’s death
4 hours -
Minority calls for itemised bill on GH¢49.7 million South Africa evacuation expenditure
4 hours -
Australians will be able to switch off social media algorithms under planned legislation
5 hours -
WAEC admits more study needed into fluctuating core subject performance
5 hours -
Jordan Ayew close to EFL Championship move as Sheffield Utd talks intensify
5 hours