Anthropic’s annualized revenue run rate reaches $65 billion by end of July, up sevenfold year over year
Anthropic reported a sharply higher $65B annualized revenue run rate and strong preliminary Q2 revenue, reinforcing investor focus on AI monetization ahead of its confidentially filed IPO. The update supports relative momentum versus OpenAI on this metric, but also highlights sensitivity to policy risk after recent U.S. export-control related model access disruptions. Near-term impact is concentrated in private-market AI valuation expectations and adjacent AI equity sentiment.
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Anthropic’s annualized revenue run rate hit $65 billion at the end of July, a sevenfold increase from a year earlier. The company posted preliminary revenue of $11.5 billion in the second quarter, up 14fold from the same period a year earlier. The pace of growth outstrips rival OpenAI’s $40 billion run rate, positioning Anthropic ahead of a potentially large IPO.