$65 Billion in Sales: Anthropic Increases Revenue Forecast Sevenfold Ahead of IPO

The projected annual revenue (run rate) of Anthropic, the developer of the AI model Claude, exceeded $65 billion based on figures as of the end of July, sources familiar with the matter told Bloomberg, and two sources interviewed by CNBC confirmed this. That is more than seven times higher than at the end of last year, the agency noted.

This refers to the “run rate,” which projects a company’s annual revenue based on figures from a shorter period. A Bloomberg source noted that the AI lab shared the figures with its investors as part of its regular reporting. A similar metric for Anthropic’s main competitor, OpenAI, recently reached $40 billion, according to CNBC.

Anthropic declined to comment on its financial performance

According to documents reviewed by Bloomberg late last week, Anthropic’s preliminary revenue for the most recent completed quarter increased more than 14-fold year-over-year and exceeded $11.5 billion. The company also reported positive adjusted operating income for the quarter. A CNBC source confirmed these figures on Monday.

Anthropic is preparing to go public. In June, ahead of its IPO, the company confidentially filed a prospectus with the U.S. Securities and Exchange Commission and is now holding preliminary meetings with potential investors, the TV channel notes. Although the official timing of the debut has not yet been announced, the Financial Times reported last week that Anthropic’s investors expect the AI giant to go public in October with a valuation of $2 trillion. Thus, Anthropic’s IPO could break SpaceX’s record and become the largest IPO in stock market history. In May, Anthropic’s valuation reached $965 billion. Among the risks to the AI company’s market prospects cited are competition from Chinese developers, the high cost of its models, and Anthropic’s conflict with U.S. authorities.

This article was AI-translated and verified by a human editor