Anthropic projects $70B in revenue by 2028: Report | TechCrunch

Anthropic projects $70B in revenue by 2028: Report | TechCrunch

**Anthropic Projects Explosive Growth, Eyes $70 Billion Revenue by 2028**

Anthropic, a leading artificial intelligence startup, is projecting a period of immense growth in the coming years, according to a recent report from The Information. The company, which has quickly established itself as one of the major players in the AI sector, expects to generate as much as $70 billion in revenue and $17 billion in cash flow by 2028. These ambitious forecasts are reportedly driven by the rapid adoption of Anthropic’s business-oriented AI products and services.

**Accelerating Revenue and Market Share**

Anthropic’s financial outlook is notably optimistic. Last month, Reuters news agency reported that the company is set to more than double — and potentially nearly triple — its annual revenue run rate in 2025. The company is on track to achieve an annual recurring revenue (ARR) of $9 billion by the end of next year, with targets set between $20 billion and $26 billion in ARR for 2026. These figures represent a steep growth trajectory, highlighting Anthropic’s expanding influence in the enterprise AI solutions market.

For the current year, Anthropic anticipates generating $3.8 billion in revenue from sales of access to its proprietary AI models via application programming interfaces (APIs). This figure notably surpasses the $1.8 billion in API revenue that OpenAI, its primary competitor, expects to achieve. Anthropic’s Claude Code, a specialized AI product, is on the brink of reaching $1 billion in annualized revenue, a significant jump from the $400 million annualized figure reported just in July.

**B2B Strategy and Major Partnerships**

Anthropic’s recent business-to-business (B2B) strategy has come into sharper focus, with the company forming high-profile partnerships across the tech and enterprise landscape. One of the most significant developments is Anthropic’s collaboration with Microsoft, which now deploys Anthropic’s AI models within Microsoft 365 applications and the Copilot suite. This partnership positions Anthropic’s technology at the heart of widely used corporate productivity tools.

Additionally, Anthropic has expanded its partnership with Salesforce, a prominent player in customer relationship management software, and is preparing to roll out its Claude AI assistant to hundreds of thousands of employees at major consulting and technology firms Deloitte and Cognizant. These moves reflect Anthropic’s commitment to embedding its AI services deeply within the workflows of large-scale enterprise clients.

**Product Innovation and Expansion**

Over the past two months, Anthropic has introduced several new and improved AI models, further bolstering its appeal to businesses. The company launched Claude Sonnet 4.5 and Claude Haiku 4.5, models designed to be both smaller and more cost-effective. These innovations are particularly attractive to businesses seeking to deploy AI at scale while managing costs. Anthropic has also broadened its product suite with offerings tailored to specific industries, such as Claude for Financial Services, and has introduced Enterprise Search, a tool that enables

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