rotative
the decoder · September 14, 2026

Anthropic hits $65B run rate, eyes $2T Nasdaq listing

anthropic's quarterly revenue jumped 14-fold to $11.5b, with a $65b annualized run rate, as it aims for a $2t nasdaq listing. this could set a high valuation bar for ai companies.

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anthropic has achieved a significant revenue milestone, with quarterly revenue increasing 14-fold to $11.5 billion and an annualized run rate of $65 billion as of the end of july. the company's gross margins are above 80 percent, although this figure does not include revenue-sharing payments to partners like amazon and the cost of training models. anthropic plans to go public on nasdaq at a possible valuation of $2 trillion or more, which could set a high bar for valuations of ai companies. investors expect the company to reach $120 billion in annualized revenue by the end of this year and nearly triple that by 2027.

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