Anthropic’s revenue continues to not only grow at a historic rate but also accelerate. The model maker’s annualized revenue run rate (a full-year revenue projection based on a recent, shorter period) exceeded $65 billion in late July, Bloomberg reported on Monday, versus $47 billion in May and only $9 billion at the end of last year.
Anthropic did not immediately respond to our request for comment.
The company’s investors expect it to continue growing at roughly the same pace for the rest of the year, ending 2026 between 100 billion dollars and 120 billion dollarsreported the Financial Times.
Meanwhile, rival OpenAI has doubled its revenue to $40 billion, up from $20 billion at the end of 2025, Bloomberg reported. last week.
The two companies may calculate their revenue metrics differently, but Anthropic’s growth rate has captivated investors much more than OpenAI’s.
Both companies have filed confidential IPO documents. Anthropic is expected to hit public markets before OpenAI, possibly as early as this fall. Anthropic will seek a public valuation of $2 trillion or more, according to the Financial Times, which would make it the biggest market debut on record.
Anthropic was last valued at $965 billion at the end of May, when it raised a $65 billion round.