2 stories tagged #anthropic.
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Anthropic exited 2025 at roughly $9 billion in run-rate revenue. By February 2026 the figure reached $14 billion, then $19 billion in March, $30 billion in April, $44 billion in early May, and $47 billion by mid-May, according to [SaaStr](https://www.saastr.com/by-year-end-anthropic-will-out-earn-every-public-software-company-except-microsoft/).
Salesforce runs about $41 billion in revenue. Anthropic's run-rate passed Salesforce in April.
Companies quintupled their token spend in the first half of the year according to [SaaStr](https://www.saastr.com/20vc-x-saastr-the-token-roi-crisis-comes-for-everyone-anthropic-wants-chinese-open-source-banned-and-microsoft-has-its-worst-month-since-2000/).
Almost nobody can point to the revenue lift that justified the increase. The discussion was recorded on the last day of June.