AI Belief Boosted! Anthropic Revenue to Hit $1B, 1000% YoY Growth
According to reports, artificial intelligence (AI) startup Anthropic is expected to generate revenues of $1 billion this year, a year-on-year increase of 1000%.
Between 60% and 75% of its revenue will come from access to third-party application programming interfaces (APIs).
The significant increase in performance helps to support its high valuation.
This week, it was reported that Anthropic is in talks for a new round of financing, which would value the company at between $30 billion and $40 billion, roughly double the valuation of a round completed earlier this year.
It is understood that investors in Anthropic include technology companies such as Google (GOOGL.US) and Amazon (AMZN.US).
Anthropic has also recently launched a corporate program to help organizations collaborate with its AI assistant Claude by leveraging internal knowledge.
The company stated in an announcement: "With Claude, the knowledge within your organization will be easier to share and reuse, enabling everyone on the team to perform at their best quickly and continuously.
At the same time, your data is protected.
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We will not use your conversations and content to train Claude."
In addition, it was revealed by informed sources that AI company Scale AI's revenue for the first half of this year is close to $400 million, nearly triple the year-on-year growth.
It is known that in May, Scale AI completed a $1 billion Series F financing round, which raised its valuation to $13.8 billion.
Meanwhile, tech media PYMNTS wrote earlier this week that Anthropic's competitor OpenAI plans to raise $6.5 billion at a valuation of $150 billion, which "could mark a new era of AI commercialization, potentially reshaping the entire industry and sparking a fierce battle for market dominance."
The latest valuation (excluding funds raised) is significantly higher than the $86 billion valuation offered by OpenAI earlier this year, consolidating its position as one of the world's most valuable startups and signaling a significant shift in the field of artificial intelligence.
Hannah Chelkowski, co-founder and general partner of Blank Ventures, said: "We are seeing capital consolidation around clear winners such as OpenAI, Perplexity, Mistral, and LLaMA in the general large language model (LLM) space."
"This round of financing further consolidates OpenAI's leadership position in the field."
The commercial impact could be far-reaching, with observers noting that AI financing activities could trigger a surge in AI products and services across various fields.
PYMNTS stated: "Retailers may deploy more sophisticated chatbots and personalized shopping experiences, financial institutions may enhance fraud detection and algorithmic trading, and healthcare providers may utilize AI for more accurate diagnoses and treatment plans."