Anthropic's revenue surge reportedly fuels talk of trillion-dollar valuation

Anthropic’s annualized revenue reportedly topped $30 billion, driven by Claude Code, Cowork, and stronger model usage.

Margins improved sharply, helping the company secure favorable terms in its recent funding round.

Investors are now discussing valuations as high as $800 billion, with some even seeing a path to $1 trillion.

The momentum underscores Anthropic’s rapid scale-up and intensifying competition with OpenAI.