Anthropic Nears $20 Billion Revenue Run Rate Amid Pentagon Feud

Anthropic PBC is on track to generate annual revenue of almost $20 billion, a projection based on current performance, more than doubling its run rate from late last year — a sign of the AI company’s rapid growth in the lead-up to its recent clash with the Pentagon.

The artificial intelligence company recently surpassed $19 billion in run-rate revenue, up from $9 billion at the end of 2025 and roughly $14 billion a few weeks ago, according to people familiar with the matter. The growth in run rate was driven by strong adoption of Anthropic’s AI models and products including ...