Anthropic boasts revenue run rate of $30 billion as the Claude developer expands its partnership with Google and Broadcom
Anthropic’s revenue run rate is higher than the trailing 12-month revenues of all but 129 S&P 500 companies.
If it seems like public markets have soured on major elements of the AI trade, maybe that’s because the focus has shifted to the boom’s star performer in private markets.
Anthropic said that its annual revenue run rate — an extrapolation of recent sales over a full year — has spiked from roughly $9 billion at the end of 2025 to more than $30 billion. In the past 12 months, fewer than 130 S&P 500 companies booked at least $30 billion in sales.
OpenAI, Anthropic’s rival, said at the end of March that it was generating $2 billion per month, putting its annual revenue run rate in the neighborhood of $24 billion.
“When we announced our Series G fundraising in February, we shared that over 500 business customers were each spending over $1 million on an annualized basis,” Anthropic said in a press release. “Today that number exceeds 1,000, doubling in less than two months.”
These revelations from the Claude creator came as the firm announced an expansion of its partnership with Google and Broadcom. According to a filing from Broadcom, Anthropic will access 3.5 gigawatts of TPU-based AI compute capacity (read: Google’s custom chips) beginning in 2027.
“This significant expansion of our compute infrastructure will power our frontier Claude models and help us serve extraordinary demand from customers worldwide,” per Anthropic.
Clearly, Anthropic’s recent clash with the Pentagon isn’t standing in the way of its financial performance, with demand for Claude services continuing to crescendo.
