Report: Anthropic is catching up to OpenAI, on track for $9 billion annual run rate by the end of 2025
Strong demand for its enterprise AI tools like Claude Code has pushed Anthropic’s annual revenue run rate to $7 billion this month, according to a report from Reuters, with the Amazon-backed company on track to hit $9 billion ARR by the end of 2025.
The company was targeting a $5 billion annual run rate as recently as September.
The acceleration of revenue is helping Anthropic catch up to its larger rival OpenAI. Recently, OpenAI told its investors that the company has a $13 billion annual run rate target, according to The Information.
According to the report, things are picking up so fast for Anthropic that it is nearly tripling its annual revenue targets for 2026 to as much as $26 billion.
Anthropic recently raised an series F round of $13 billion, giving the startup a valuation of $183 billion.
The acceleration of revenue is helping Anthropic catch up to its larger rival OpenAI. Recently, OpenAI told its investors that the company has a $13 billion annual run rate target, according to The Information.
According to the report, things are picking up so fast for Anthropic that it is nearly tripling its annual revenue targets for 2026 to as much as $26 billion.
Anthropic recently raised an series F round of $13 billion, giving the startup a valuation of $183 billion.
