Anthropic's Annualized Revenue Surpasses $65 Billion, Overtakes OpenAI Ahead of IPO As of the end of July, Anthropic's annualized revenue run rate has exceeded $65 billion, marking a more than 7x increase from $9 billion at the end of last year. From May to July alone, annualized revenue grew by $18 billion (from $47 billion in May). This explosive revenue growth provides strong support for Anthropic's IPO plans. Both Anthropic and OpenAI have secretly filed for IPOs, with Anthropic expected to hit Wall Street as early as this fall, potentially completing its IPO ahead of OpenAI. According to documents obtained by Bloomberg, Anthropic's preliminary revenue for the latest full quarter exceeded $11.5 billion, a year-over-year surge of more than 14x (compared to $787 million in the same period last year). Additionally, the adjusted operating profit for the quarter was positive. In comparison, OpenAI's recent annualized revenue run rate has surpassed $40 billion, meaning Anthropic has overtaken OpenAI in this metric (though the two companies may use different calculation methods).