18 August 2026

Anthropic's revenue run rate hits $65 billion in July, up sevenfold yearly

Anthropic, maker of the Claude chatbot, reported its annualized revenue run rate (projected yearly total based on recent performance) reached $65 billion at end of July, up from $47 billion in May.
The $65 billion figure represents a sevenfold increase from roughly $10 billion in annual revenue for all of 2025, showing accelerating growth over the past eight months.
Investors expect Anthropic to finish 2026 with $100 billion to $120 billion in annual revenue if growth continues at the current pace, significantly outpacing rival OpenAI's $40 billion run rate.
The company confidentially filed IPO paperwork in June and is preparing to go public, possibly this fall, seeking a valuation of $2 trillion or more according to investor discussions.
Anthropic temporarily disabled its most advanced models in June due to a government export control directive citing national security, disrupting customer access for roughly two weeks before restoration.

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