Anthropic increases revenue sevenfold, hits annualized rate above $65 billion

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Anthropic disclosed its annualized revenue exceeded $65 billion based on July 2026 performance, according to Bloomberg citing people familiar with a regular investor update. That is a sevenfold jump from a year earlier—growth rare at any company competing at the frontier of AI development. The company is reportedly eyeing a public offering as early as fall 2026 at a $1 trillion valuation, which would potentially beat OpenAI to public markets. If accurate, an Anthropic IPO would rank among the largest in history and signal that frontier AI labs have crossed into mainstream financial instrument territory. The $65B figure is annualized, not trailing—reflecting the current run rate rather than the past 12 months. The company projects $190–200 billion in revenue by 2028, requiring continued enterprise adoption of Claude and sustained infrastructure spending. All figures come from anonymous sources via Bloomberg, not from official company filings—investors should treat this as credible but unverified reporting.