The artificial intelligence company is reportedly using projections of $190 billion to $200 billion in revenue by 2028 to support its expected valuation, according to people familiar with the matter.
• The forecast would place Anthropic among the world’s most valuable technology companies, reflecting investor confidence in rapid growth for generative AI.
• The company’s valuation could be closely tied to its ability to convert demand for AI models and enterprise services into sustained revenue.
• Anthropic has attracted substantial backing from major technology and investment firms, intensifying competition with OpenAI and other AI developers.
• Revenue projections several years into the future remain inherently uncertain, particularly as computing costs, regulation and market competition evolve.
• Any eventual public offering would give investors a clearer view of Anthropic’s finances, customer base and spending on the infrastructure required to operate advanced AI systems.
The reported forecast underscores the high expectations surrounding Anthropic as private AI companies move closer to public markets.