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 Los Angeles Times
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Los Angeles Times

2026-08-18T16:42:14.000Z

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Anthropic's $65B Revenue Boost Accelerates IPO Race

Anthropic's $65B Revenue Boost Accelerates IPO Race

Anthropic is on track to generate over $65 billion in annualized revenue, up more than sevenfold from the end of last year, with a revenue run rate exceeding $9 billion in late 2025. The company is preparing for an initial public offering as early as fall, working with major banks and seeking to maintain its competitive edge over rivals like OpenAI and Chinese AI firms.

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