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Anthropic’s annualized revenue surges to $65B
BusinessTuesday, August 18, 2026 at 06:00 AM

Anthropic’s annualized revenue surges to $65B

Source: TechCrunch AI
Curated Summary

Anthropic's annualized revenue run rate has surged to $65 billion as of late July, marking a significant acceleration from $47 billion in May and just $9 billion at the end of last year.

Investors anticipate the company will finish 2026 with revenue between $100 billion and $120 billion, maintaining this historic growth trajectory.

In comparison, rival OpenAI has doubled its revenue to $40 billion, though Anthropic's growth rate has captured more investor attention.

Both companies have filed confidential IPO paperwork, with Anthropic expected to debut on public markets as soon as this fall.

The company is seeking a valuation of $2 trillion or more, which would make it the largest market debut in history.

This valuation represents a massive jump from its $965 billion valuation in late May, highlighting the intense capital inflow into the AI sector.

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via TechCrunch AI

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