Anthropic, the artificial‑intelligence startup behind the Claude coding assistant, disclosed that its annual revenue run rate exceeded $65 billion at the close of July. The figure, provided by a source familiar with the company’s internal updates, marks a sharp increase from the $47 billion run rate reported in May and an even more dramatic rise from roughly $9 billion at the end of 2025.
The run‑rate metric projects annual performance by extrapolating current sales levels. Anthropic shared the latest number with investors as part of ongoing financial briefings, according to the source. Bloomberg first reported the development earlier on Monday.
Projected growth and upcoming IPO
Analysts estimate that Anthropic could generate between $190 billion and $200 billion in revenue by 2028. Those forecasts are expected to shape the valuation of the company’s anticipated initial public offering, which Reuters reported on Friday.
Earlier this year, Anthropic confidentially filed for an IPO, joining rival OpenAI in a race to bring their AI platforms to public markets. Investor appetite for AI firms remains strong, and the company’s valuation reflected that enthusiasm. In May, Anthropic was valued at $965 billion after raising $65 billion in a Series H funding round, more than double its $380 billion valuation in February.
Claude gains traction among developers
Anthropic’s growth has been driven in part by the increasing adoption of Claude, its AI coding agent, among software developers. The tool’s ability to assist with code generation and debugging has helped the company secure steady enterprise contracts, contributing to the rising revenue figures.
While the company has not disclosed detailed financial statements, the disclosed run‑rate suggests a rapid scaling of its commercial operations. The upcoming public listing will likely provide more transparency into Anthropic’s financial health and strategic direction.
Implications for the AI sector
Anthropic’s surge underscores the broader momentum in the artificial‑intelligence industry, where firms are competing to monetize advanced language models and developer‑focused tools. The company’s valuation and revenue trajectory place it among the most valuable AI startups globally, highlighting the sector’s potential to reshape technology markets.
Stakeholders, including investors, developers, and potential customers, will be watching closely as Anthropic prepares for its IPO and continues to expand its product offerings.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.
