Anthropic hits $3 billion in annualized revenue on business demand for AI

Artificial intelligence developer Anthropic is making about $3 billion in annualized revenue, according to two sources familiar with the matter, in an early validation of generative AI use in the business world.

The milestone, which projects the company’s current sales over the course of a year, is a significant jump from December 2024 when the metric was nearly $1 billion, the sources said. The figure crossed $2 billion around the end of March, and at May’s end it hit $3 billion, one of the sources said.

While consumers have embraced rival OpenAI‘s…