Author: IBL News

IBL News | New York

Anthropic’s revenue continues to grow at an accelerated rate, surpassing $65 billion at the end of July, up from $47 billion in May and just $9 billion at the end of last year. 

Investors expect Anthropic to continue growing at approximately the same rate for the remainder of the year, finishing 2026 between $100 billion and $120 billion, according to Bloomberg. 

After completing a $65 billion round, Anthropic was last valued at $965 billion in late May. The San Francisco-based company is expected to go public this fall, ahead of OpenAI. It will seek a public valuation of $2 trillion or more, which would make it the largest market debut on record.

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

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