Catenaa, Saturday, September 19, 2026– Anthropic is on track to reach $100 billion in annualized revenue this year, despite CEO Dario Amodei’s calls for a slowdown in AI.
The New York Times reported, citing sources, that the company is expected to reach more than $100 billion in annualized revenue by the end of this year, which is up from $65 billion in annualized revenue as of July.
The report said that investors seeking to get a piece of the IPO are using those soaring numbers to justify Anthropic’s staggering potential valuation of $2 trillion.
Moreover, the report said that the company could release financial documents detailing its offering in the coming weeks, which could put it on track for its shares to start trading as soon as November.
The sources told The New York Times that the plans could still change, as the timing of IPOs is always subject to change because of factors like shifting investor sentiment and market volatility.
Further, the report said that going public could give Anthropic quick access to capital to help fund its large financial needs, in particular the substantial computing costs necessary to build and run its AI models.
Sources confirmed with The New York Times that investors expect the company to have about five gigawatts’ worth of compute, the industry term for computing power available to use, by the end of the year, and would roughly double that capacity by the end of next year. That would put it on par with its rival OpenAI.
On Thursday, Anthropic hosted about 100 investors from venture capital firms at its San Francisco headquarters to discuss its technology offerings in a customer event, sources told.
“Jared Kaplan and Ben Mann, two of Anthropic’s co-founders, and Boris Cherny, the head of Claude Code, made presentations alongside Andrej Karpathy, a researcher and co-founder of OpenAI who joined Anthropic this year,” the sources added.
Also, according to sources quoted by The New York Times, Anthropic’s bankers and its executives, including Dr. Amodei and its chief financial officer, Krishna Rao, have also met with potential investors in the IPO in recent weeks, and the company has taken meetings with those who are willing to write large checks, or are pre-existing investors in Anthropic.
The report said that some smaller investors are hoping to invest at the I.P.O. but haven’t yet managed to obtain an audience with management.
“In some of these meetings, the company has pointed to the positive aspects of artificial intelligence, including its research into biology and potential to cure diseases,” sources confirmed with The New York Times.
