Anthropic revenue run rate exceeds $65 billion

Anthropic, the creator of the Claude AI coding agent, has seen its annual revenue run rate surge to over $65 billion by the end of July, according to a person familiar with the matter. This figure marks a significant increase from $47 billion in May and approximately $9 billion at the close of 2025, highlighting the company's rapid expansion.

The AI startup shared this latest financial update with investors as it prepares for a potential public listing later this year. The company's valuation has also seen dramatic growth, reaching $965 billion in May after a $65 billion Series H funding round, more than double its February valuation.

Anthropic is projecting substantial revenue growth, with forecasts for 2028 estimated between $190 billion and $200 billion, which will likely influence its IPO valuation. The company has confidentially filed for an IPO, joining a competitive race among AI firms seeking to go public amid strong investor interest.