Anthropic’s annualized revenue surges to $65B¶

TechCrunch · 2026-08-18

Anthropic’s revenue continues to not only grow at an historic pace but also to accelerate. The model maker’s annualized revenue run rate — a projection of a full year’s revenue based on a recent, shorter period —surpassed$65 billionat the end of July, Bloomberg reported on Monday, up from$47 billionin May and just $9 billion at the end of last year.

Anthropic didn’t immediately respond to our request for comment.

The company’s investors expect it to continue to grow at approximately the same rate for the remainder of the year, finishing 2026 between$100 billion and $120 billion, the Financial Times reported.

Meanwhile, rival OpenAI has doubled its revenue to $40 billion, up from $20 billion at the end of 2025, Bloomberg reportedlast week.

The two companies may calculate their revenue metrics differently, but Anthropic’s growth rate has captivated investors far more than OpenAI’s has.

Both companies have filed confidential IPO paperwork. Anthropic is expected to hit the public markets ahead of OpenAI — possibly as soon as this fall. Anthropic will be seeking a public valuation of $2 trillion or more, according to the Financial Times, which would make it the largest market debut on record.

Anthropic was last valued at$965 billionin late May, when it raised a $65 billion round.

Topics

Scale faster. Grow your portfolio. Gain practical expertise. No matter your goal, Disrupt can empower you.Save up to $300 today!

Newsletters¶

Subscribe for the industry’s biggest tech news

AIGroq raises $350M to fuel its pivot from AI chips to neocloudRebecca Bellan13 hours ago

Groq raises $350M to fuel its pivot from AI chips to neocloud¶

Rebecca Bellan
AIWhy people aren’t buying Mark Zuckerberg’s AI futureAnthony Ha1 day ago

Why people aren’t buying Mark Zuckerberg’s AI future¶

Anthony Ha
AIAnthropic CEO says AI backlash is ‘fundamentally a crisis of trust’Anthony Ha2 days ago

Anthropic CEO says AI backlash is ‘fundamentally a crisis of trust’¶

Anthony Ha

Latest in AI¶

In BriefAnthropic’s annualized revenue surges to $65BMarina Temkin6 hours ago