Anthropic
Makes Claude and Claude Code, and is strongest with businesses and software builders.
- Revenue
- Annualised revenue run rate above $65B at the end of July 2026, reported from an investor update (Aug 2026)
- Growth
- Run rate up from about $9B at the end of 2025
- Based in
- San Francisco, US
- Listed
- Private
Business and coding demand is lifting its revenue faster than most rivals.
A run rate is one month annualised, and Bloomberg's quarterly figure implies a lower pace.
Money coming in
Who pays Anthropic, and for what.
Invested in Anthropic and committed compute through AWS
pasqualepillitteri.itInvests in Anthropic and supplies TPU compute
wam.aepartnership to offer Claude models inside the Snowflake data cloud
Money going out
Who Anthropic pays to do what it does.
buys TPU capacity from Google, up to one million chips with over 1 GW in 2026
datacenterdynamics.combuys next-generation TPU capacity built with Broadcom, starting in 2027
futurumgroup.comcommits to Trainium AI capacity through AWS
letsdatascience.com- AnthropicpaysMercorMercor's first-half 2026 gross revenue about $614M, with OpenAI and Anthropic named as main buyers
Buys expert training data through Mercor, one of its main suppliers (reported)
aiweekly.co Main human data partner, according to one analysis
sacra.com- AnthropicpaysMercorMercor's first-half 2026 gross revenue about $614M, with OpenAI and Anthropic named as main buyers
Buys expert training and feedback work through Mercor (reported)
aiweekly.co
Where it sits on the map
Claude and Claude Code. Strongest with businesses and coders
Anthropic's terminal coding agent
Makes Claude and Claude Code, and is strongest with businesses and software builders.
Sells Claude and Claude Code to firms, and consultancies build client work on top of it.
Competitors and neighbours
Makes ChatGPT, the assistant most people use, and sells its models to businesses through an API.
About $13B revenue in 2025, against about $34B of costs (reported)
Open profileMakes Gemini, the assistant built into Android, Search and Workspace.
25% of AI chip supply (Epoch AI)
Open profileSells Microsoft 365 Copilot inside Office and Windows, and owns a large stake in OpenAI.
20M+ users (2025)
Open profileBuilds Meta AI into Facebook, Instagram and WhatsApp, and makes the Ray-Ban glasses with EssilorLuxottica.
Sales more than tripled (H1 2025)
Open profileDesigns its own Trainium AI chips and rents them out through AWS.
5% of AI chip supply (Epoch AI)
Open profileFrench lab with open and paid models, chosen by European firms that want data kept in Europe.
About $14B valuation (Sep 2025)
Open profileLab founded by former OpenAI leaders, which sells Tinker for managed fine-tuning of open models.
Annualised run rate above $100M, self-reported and unaudited
Open profileLab that aims to build frontier open-weight models in the US, backed by Nvidia.
$8B after a $2B round led by Nvidia in October 2025. Talks at $25B reported in 2026
Open profileChinese research lab that releases its strongest models as open weights.
About 475M yuan (about $70.7M) in the first seven months of 2026 (The Information, reported)
Open profileSources: aiweekly.co, thenextweb.com, news.bgov.com, aiweekly.co, finance.yahoo.com, fourweekmba.com, getpanto.ai
The map updates three times a week.
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