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AI Business
6d ago

Anthropic's Revenue Reaches $65 Billion, Outpacing Rivals

Aug 17, 2026
AI Summary

Anthropic's annualized revenue run rate has surged to over $65 billion as of July, a significant increase from $47 billion in May and $9 billion at the end of 2022. Investors anticipate continued growth, with projections suggesting revenue could reach between $100 billion and $120 billion by 2026.

  • Anthropic's annualized revenue run rate surpassed $65 billion at the end of July 2023, up from $47 billion in May and $9 billion at the end of 2022.
  • Investors expect Anthropic to maintain its growth rate, potentially reaching $100 billion to $120 billion by 2026.
  • In comparison, rival OpenAI's revenue has doubled to $40 billion from $20 billion at the end of 2025.
  • Both companies have filed for IPOs, with Anthropic expected to go public ahead of OpenAI, possibly this fall.
  • Anthropic aims for a public valuation of $2 trillion or more, which would set a record for market debuts.
  • The company was valued at $965 billion in late May 2023 after raising $65 billion in funding.
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