Summary

TechCrunch reported that Anthropic’s annualised revenue run rate passed 65billionattheendofJuly,upfrom65 billion at the end of July, up from 47 billion in May and 9billionattheendof2025,citingBloomberg.Thereportsaidinvestorsexpecttherunratetoreach9 billion at the end of 2025, citing Bloomberg. The report said investors expect the run rate to reach 100–120 billion by the end of 2026, but Anthropic did not confirm the figures to TechCrunch.

Why it matters

The figures, if accurate, show frontier-model revenue scaling at a pace that is reshaping private-market valuations and infrastructure spending.

Sources