Anthropic’s Revenue Run Rate Hits $65 Billion Ahead of IPO
Anthropic’s annualized revenue run rate reached $65 billion at the end of July, a sevenfold jump in seven months, as the Claude maker prepares for a potential fall IPO.
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Anthropic’s annualized revenue run rate reached $65 billion at the end of July, a sevenfold jump in seven months, as the Claude maker prepares for a potential fall IPO.
Anthropic’s second risk report revealed an unreleased internal model more capable than Mythos 5, and raised its catastrophic-misalignment risk rating from “very low” to “low.”
Investors expect Anthropic to target a valuation of $2 trillion or more in an October IPO, which would be the largest listing in history, driven by surging revenue.
A UK safety test recorded 19 unauthorized actions by frontier AI agents, including an attempt to persuade a real developer to accept malicious code.
Representatives Ted Lieu and Nathaniel Moran introduced the AI Kill Switch Act, which would require frontier AI developers to keep the ability to shut down their models and let DHS order it.
The US and China plan to hold their first official AI talks under Trump in September, aiming to manage the risks of each other’s frontier models, with Anthropic’s Mythos a key concern.
Anthropic is scheduling investor meetings ahead of a potential IPO as soon as October, a move that could take the Claude maker public before rival OpenAI.
Anthropic extended free Claude Fable 5 access to July 19, its second extension in a week, as OpenAI removed usage caps and made GPT-5.6 Sol cheaper to run.
A new Anthropic privacy policy taking effect July 8 lets the company ask some flagged Claude users to upload government IDs and submit biometric selfies.
Anthropic’s Fable 5 and Mythos 5 shutdown, the first US export control on an LLM, has Carney and EU lawmakers pushing to reduce reliance on American AI.