Anthropic's Record-Breaking Growth
Anthropic continues to surprise the market with its growth rate. As of late July, the company's annualized revenue run rate exceeded $65 billion. For comparison: in May, this figure stood at $47 billion, and at the end of last year — only about $9 billion. That means growth of nearly 40% in less than two months, and more than a sevenfold increase over six months.
Such a leap looks especially impressive against the backdrop of general sentiment in the AI industry, where many players are only just reaching sustainable monetization. Anthropic is effectively demonstrating the ability to scale revenue without pause.
Investor Expectations
The financial results are backed by optimism from shareholders. According to the Financial Times, the company's investors expect current growth rates to continue, with Anthropic's revenue reaching $100–120 billion by the end of 2026. That would mean nearly doubling within just a year.
Such forecasts look ambitious, but recent momentum shows the business is moving in exactly that direction. Given that annualized revenue has already surpassed half of the lower end of the forecast, the $100 billion target by year-end no longer seems far-fetched.
Compared to Competitors
Anthropic is not the only player growing rapidly. Direct competitor OpenAI has also reported impressive results: according to Bloomberg, the company doubled its revenue to $40 billion, up from $20 billion at the end of 2025. However, Anthropic's figures remain noticeably higher — the difference is more than 1.5 times.
Both companies have already filed confidential documents for an initial public offering (IPO). This is one of the most anticipated market debuts in the history of the tech sector.
IPO and Valuation
The market expects Anthropic to go public before OpenAI — possibly as early as this fall. According to sources, the company will seek a public valuation of $2 trillion or more. If that happens, the debut would become the largest in market history.
Notably, as of late May, Anthropic's valuation stood at $965 billion after raising a $65 billion funding round. Since then, the company has advanced significantly, and the $2 trillion mark now looks like a logical next step for such rapid growth.
At this pace, Anthropic is not just strengthening its position — it is fundamentally reshaping the balance of power in the AI industry, becoming one of the key players with enormous potential for investors.
