Anthropic’s annualized revenue has surged to more than $65 billion, highlighting the rapid expansion of the artificial intelligence market and intensifying competition with OpenAI.
Bloomberg reported that Anthropic’s projected annual revenue crossed $65 billion at the end of July, up sharply from $47 billion in May and $9 billion at the end of 2025. The company did not immediately comment.
OpenAI, meanwhile, has doubled its revenue to $40 billion from $20 billion at the end of last year, Bloomberg reported.
Both companies have filed confidential IPO paperwork. Anthropic is reportedly expected to go public before OpenAI, potentially this fall. The Financial Times reported that Anthropic could seek a valuation of at least $2 trillion, potentially making it the largest IPO debut ever.
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Anthropic reaching a $65B revenue run rate puts it $25B ahead of OpenAI ahead of public listings. That gap proves enterprise developer lock-in via specialized coding tools is currently outperforming OpenAI's broad consumer approach https://t.co/cCKNxj62wk
— Yellow Media (@YellowMedia_HQ) August 18, 2026
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