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Anthropic has achieved a significant financial milestone, with its annualized revenue reaching $65 billion as of late July, according to reports published Monday. The artificial intelligence company’s revenue trajectory has accelerated dramatically over recent months, more than doubling from $47 billion in May and climbing sharply from just $9 billion at the close of last year.
The startup’s exceptional growth rate has drawn considerable attention from its investor base, which anticipates Anthropic will maintain its expansion momentum through the remainder of 2026. Projections suggest the company could finish the year with revenues between $100 billion and $120 billion, positioning it ahead of competitor OpenAI, which recently doubled its annual revenue to $40 billion.
Anthropic’s rapid ascent has fueled speculation about its upcoming initial public offering. The company is expected to pursue a public market debut potentially as early as autumn, with backers targeting a valuation exceeding $2 trillion—a figure that would represent the largest IPO in history. This valuation contrasts sharply with the company’s prior assessment of $965 billion following a major funding round concluded in May.
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Originally reported by Techcrunch →
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