Exclusive-Anthropic aims to nearly triple annualized revenue in 2026, sources say

Core Insights - Anthropic is projecting to more than double and potentially nearly triple its annualized revenue run rate next year, driven by the rapid adoption of its enterprise products [1] - The company aims for a $9 billion annual revenue run rate by the end of 2025, with targets of over $20 billion and up to $26 billion for 2026 [2] Revenue Projections - Anthropic's current annual revenue run rate is approaching $7 billion, up from over $5 billion in August [3] - The company has set aggressive revenue targets, indicating strong growth potential in the coming years [2] Market Demand - There is a strong demand for generative AI tools among businesses, contributing to investor enthusiasm despite concerns over the sustainability of AI spending [4] - The uptake of enterprise products is a key factor in this expansion, with over 300,000 business customers accounting for about 80% of revenue [5] Competitive Position - Anthropic's revenue trajectory positions it as a competitor to OpenAI, which reported an annualized revenue run rate of $10 billion [6] - The company has recently experienced significant fundraising success, being valued at $183 billion after raising $13 billion in a Series F round [7] Product Offerings - Anthropic develops the Claude family of large language models, emphasizing AI safety and enterprise applications [8] - The company offers products like the code-generation tool Claude Code, which has reached nearly $1 billion in annualized revenue since its launch [5]