Anthropic PBC is expected to generate more than $100 billion in annualised revenue this year as it continues to prepare for a trading debut as soon as November, according to the New York Times, citing people familiar with the matter.
The company’s run rate, a metric that projects full-year revenue from a shorter period, has surged throughout the year as business customers have embraced using its Claude artificial intelligence software to streamline coding and other workplace tasks.
As the company moves forward with plans for an IPO, it’s also confronting heightened public anxiety about AI’s potential to cause catastrophic harms. On Saturday, Anthropic Chief Executive Officer Dario Amodei kicked off a fresh wave of calls from top AI firms to slow down the progress of future artificial intelligence models.
Anthropic declined to comment.
Anthropic’s revenue run rate hit $65 billion by the end of July, Bloomberg News has previously reported, up from $9 billion at the end of 2025.
The dramatic acceleration in revenue bolsters Anthropic’s plans for a public listing. Anthropic and OpenAI have filed confidential paperwork to go public, with Anthropic expected to make its Wall Street debut in the coming weeks.
Reuters reported earlier this month that Anthropic was expecting to begin marketing its initial public offering in mid-October at the earliest and complete the listing days before the US midterm elections in November. The Wall Street Journal similarly reported on Friday that Anthropic planned to stage its IPO in November, citing unidentified people familiar with the matter.
This week, Anthropic hosted a venture capital forum to discuss developments in its AI work, with several investors in attendance, according to social media posts. Questions in the public poll for the event included how to determine whether firms have reached a more powerful form of AI known as artificial general intelligence.