Anthropic’s revenue run rate has surged past $30 billion, up from $9 billion at the end of 2025, the company announced recently. The AI startup, developer of the Claude models, attributed the leap to surging demand for its enterprise services and coding tool Claude Code.
CEO Dario Amodei disclosed at the Code with Claude developer conference in San Francisco that first-quarter revenue and usage grew 80-fold year-over-year on an annualized basis, far exceeding the 10-fold increase the firm had planned. “This is why we have encountered difficulties with our computing resources,” Amodei said, adding half-jokingly that such hyper-growth is “too hard to handle.”
To tackle capacity constraints, Anthropic struck a deal with SpaceX for the full output of its Colossus 1 data center in Memphis, delivering over 300 megawatts and 220,000 Nvidia GPUs by month’s end. The firm also doubled rate limits for Pro, Max, and Enterprise API subscribers as developer volume rose 17-fold year-over-year.
The figures position Anthropic ahead of OpenAI’s reported $24-25 billion run rate, fueled by over 1,000 enterprise customers spending $1 million annually doubling since February. In February, Anthropic raised $30 billion in Series G funding at a $380 billion valuation.
Amodei noted U.S. AI labs trail Anthropic by one to three months in capabilities, signaling intensifying competition in the crowded field.
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