Technology

Anthropic's annualized revenue run rate hits $65 billion in July

The AI company told investors its revenue climbed sevenfold year-over-year, outpacing OpenAI's $40 billion run rate.

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Anthropic reported to investors over the weekend that its annualized revenue run rate reached $65 billion at the end of July, according to CNBC. The figure represents a sevenfold increase from the same period a year earlier.

Three sources familiar with the matter, who requested anonymity because the details remain confidential, confirmed the update to investors. Bloomberg first reported the $65 billion figure.

The Claude creator's revenue growth reflects surging enterprise adoption of its tools. By comparison, OpenAI's annualized revenue run rate recently reached $40 billion, placing Anthropic ahead in that metric.

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