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Economy

Anthropic’s annualized revenue surges to $65B

The model maker added $18 billion in annualized revenue in two months.

Source: TechCrunch · August 18, 2026 at 7:31 AM · AI-assisted report

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KUALA LUMPUR, 18 AUGUST 2026 —

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Anthropic’s annualised revenue jumps to $65 billion, eclipsing rivals

Market Impact

Lead Anthropic, the U.S.‑based AI model developer, reported an annualised revenue run‑rate of $65 billion at the end of July, according to Bloomberg. The figure represents a sharp increase from $47 billion in May and a dramatic rise from $9 billion at the end of 2025, signalling a rapid acceleration in the company’s commercial traction.

Background and history of the issue Founded in 2020 by former OpenAI researchers, Anthropic has focused on building large‑language models with an emphasis on safety and alignment. The company has raised multiple funding rounds, most recently a $65 billion round in late May that valued it at $965 billion. Anthropic’s revenue model is primarily subscription‑based, offering access to its Claude series of models to enterprises and developers.

The company has also filed confidential IPO paperwork, positioning itself for a public listing ahead of its competitor OpenAI.

Current development detail Bloomberg’s data, derived from the company’s recent quarterly performance, shows that Anthropic added $18 billion in annualised revenue over a two‑month period. While the firm has not yet responded to requests for comment, analysts note that the growth trajectory is consistent with the expectations of its investors. The Financial Times reports that investors anticipate the company to finish 2026 with annualised revenue between $100 billion and $120 billion.

In contrast, OpenAI’s revenue doubled to $40 billion from $20 billion at the end of 2025, but the growth rate is viewed as less striking by market watchers.

Malaysia market impact For Malaysian enterprises, the surge in Anthropic’s revenue underscores the expanding commercial viability of generative AI solutions. Local firms that rely on AI for customer service, content creation, and data analytics may find Anthropic’s Claude models increasingly attractive, especially as the company’s pricing and licensing terms become clearer post‑IPO.

The potential public listing of Anthropic, possibly as early as this fall, could also open new avenues for Malaysian investors to gain exposure to a high‑growth AI firm, either directly through equity or indirectly via funds that track AI sector performance.

Sector and company specifics from the source Anthropic’s valuation target of $2 trillion or more, as cited by the Financial Times, would set a new benchmark for AI companies entering public markets. The company’s rapid revenue growth, coupled with its focus on safety‑aligned models, differentiates it from OpenAI, which has a more diversified product portfolio but a slower revenue acceleration.

Both firms have filed confidential IPO paperwork, indicating a broader trend of AI companies seeking public capital to fund further expansion.

Outlook If Anthropic maintains its current growth rate, the company could achieve an annualised revenue of $100 billion to $120 billion by the end of 2026, positioning it as a dominant player in the generative AI market. The anticipated public valuation of $2 trillion would make it the largest IPO in history, potentially reshaping investor expectations for AI firms.

For Malaysian stakeholders, the developments suggest a growing opportunity to engage with cutting‑edge AI technology and to participate in the evolving global AI economy. Details not yet available.

Related: OpenAI

Reporting based on TechCrunch. Figures and claims are subject to revision as the story develops. DomainFork publishes editorial context, not investment advice — see our editorial standards.