Anthropic Hits $65 Billion Run Rate, Up 600% as IPO Nears $965 Billion Valuation
Updated
Updated · Yahoo Finance · Aug 20
Anthropic Hits $65 Billion Run Rate, Up 600% as IPO Nears $965 Billion Valuation
3 articles · Updated · Yahoo Finance · Aug 20
Summary
$65 billion was Anthropic’s annualized revenue run rate at the end of July, marking roughly 600% growth from late 2025 after preliminary Q2 revenue reached about $11.5 billion.
That surge comes as Anthropic prepares for an IPO after filing confidentially in June, with its latest private valuation standing at $965 billion and no listing date yet disclosed.
Amazon is positioned to benefit beyond its roughly $13 billion investment because Anthropic has committed $100 billion to Amazon cloud services over 10 years and secured up to 5 gigawatts of AI-chip capacity.
SpaceX also has a major commercial stake: Anthropic pays about $1.25 billion a month through 2029 to lease compute capacity running on more than 300,000 Nvidia chips, according to SpaceX’s IPO filing.
The latest figures extend Anthropic’s momentum after it overtook OpenAI in Q2 revenue, underscoring how its growth is reshaping the economics of major AI infrastructure providers.