Anthropic expected to reach over $100 billion annualized revenue while advancing IPO plans

Anthropic is projected to exceed $100 billion in annualized revenue by the end of 2026, up from $65 billion as of July, according to people familiar with the matter. The company continues preparations for a potential IPO that could value it around $2 trillion, with possible public trading as early as November, even as its CEO has called for slower frontier AI development. The revenue surge is linked to strong enterprise adoption of Claude products.