People familiar said Anthropic's current performance implies annualized recurring revenue (ARR) above $65 billion, more than a sevenfold increase versus year-end. One source said Anthropic reported the figure to investors in routine updates; ARR stood at $65 billion as of end-July. The revenue acceleration has strengthened the company's confidence in pursuing an IPO. Anthropic and OpenAI have privately filed listing documents; Anthropic could debut on Wall Street as soon as this fall, potentiall

People familiar said Anthropic's current performance implies annualized recurring revenue (ARR) above $65 billion, more than a sevenfold increase versus year-end. One source said Anthropic reported the figure to investors in routine updates; ARR stood at $65 billion as of end-July. The revenue acceleration has strengthened the company's confidence in pursuing an IPO. Anthropic and OpenAI have privately filed listing documents; Anthropic could debut on Wall Street as soon as this fall, potentially ahead of OpenAI.