Anthropic PBC is on track to generate annualized revenue of more than $65 billion based on its current performance, according to people familiar with the matter, up more than sevenfold from its pace at the end of last year.
The company’s run rate, a metric that projects full-year revenue from a shorter period, hit $65 billion by the end of July, said the people, who spoke on condition of anonymity to discuss private information. Anthropic shared the figures as part of a regular update with investors, one person said.
The dramatic acceleration in revenue bolsters Anthropic’s plans for a public listing. Anthropic and OpenAI have filed confidential paperwork to go public, with Anthropic expected to make its Wall Street debut as soon as this fall, ahead of OpenAI.
Anthropic, the developer of artificial intelligence tools Claude and Fable, was valued at $965 billion after a funding round in May, making it one of the world’s largest private companies and eclipsing arch-rival OpenAI’s valuation for the first time.
