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Anthropic Projects $10.9 Billion Revenue in Q2

On May 29, Anthropic projected that its revenue for the second quarter will reach $10.9 billion, more than doubling from the previous quarter due to a surge in demand for its artificial intelligence software. The company is also expected to achieve its first profitable quarter. According to informed sources, the company has informed investors that by the end of next month, its annualized revenue run rate will exceed $50 billion. The run rate is a metric that estimates annual revenue based on sales over a shorter period. Anthropic's run rate was $4 billion in July of last year.

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