Anthropic, a prominent AI company, is anticipating a substantial surge in revenue, aiming to reach $70 billion by 2028 according to a report by The Information. The projected growth is propelled by the increasing adoption of Anthropic’s business-focused AI offerings.
The report indicates that Anthropic is on a trajectory to more than double its annual revenue run rate next year, potentially nearing triple the current rate. The company is striving to achieve $9 billion in annual recurring revenue (ARR) by the end of 2025 and has set a target of $20 billion to $26 billion ARR for 2026.
Anthropic’s revenue stream this year from AI model access via an API is forecasted to reach $3.8 billion, surpassing OpenAI’s expected $1.8 billion API sales revenue. The company has also made notable progress with its Claude Code product, with annualized revenue projected to hit nearly $1 billion.
Emphasizing a robust B2B strategy, Anthropic has forged partnerships with tech giants like Microsoft, integrating its models into Microsoft 365 apps and Copilot. Furthermore, collaborations with Salesforce are expanding, with plans to introduce the AI assistant Claude to a significant number of employees at Deloitte and Cognizant.
Anthropic has also introduced more efficient models like Claude Sonnet 4.5 and Claude Haiku 4.5, catering to businesses deploying AI at scale. The startup has broadened its services for the financial sector and unveiled Enterprise Search to facilitate seamless integration of internal work apps with Claude.
Anthropic’s ambitious growth plans may lead to further fundraising efforts, building on the $13 billion raised in the last funding round. Speculations suggest a valuation target between $300 billion and $400 billion in the next funding round.
Source: TechCrunch