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Anthropic's annualized revenue run rate reaches $65 billion

Anthropic told investors its annualized revenue run rate reached $65 billion by the end of July, up from $47 billion in May and $9 billion late last year, according to CNBC, TechCrunch and Techmeme. The model maker added about $18 billion in annualized revenue in two months and grew roughly sevenfold year over year.

Why it matters

The rapid increase shows how quickly enterprise and consumer spending is concentrating around leading frontier-model providers.

Sources

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