Enterprises Drive Anthropic Run-Rate Revenue to $19 Billion

Anthropic’s run-rate revenue has topped $19 billion, more than double the $9 billion it achieved about three months ago, Bloomberg reported Tuesday (March 3), citing unnamed sources.

The artificial intelligence company’s growth has been driven by the popularity of its coding tool Claude Code and other AI models and products, according to the report.

Anthropic did not immediately reply to PYMNTS’ request for comment.

This report came at a time when the U.S. government has dubbed Anthropic a supply chain and security risk after the company declined a request from the U.S. Department of Defense to strip certain safeguards from its intelligence systems, PYMNTS reported Monday (March 2).

While Anthropic is planning legal action against the Pentagon in response to the designation, the label is still set to trigger compliance obligations for companies that do business with the Department of Defense and will have implications across the enterprise software ecosystem.

When Anthropic was valued at $380 billion in a Series G funding round in which it raised $30 billion, the company attributed the investor’s interest in part to its strength in enterprise AI and coding.

“Whether it is entrepreneurs, startups or the world’s largest enterprises, the message from our customers is the same: Claude is increasingly becoming critical to how businesses work,” Anthropic Chief Financial Officer Krishna Rao said in a press release announcing the funding round.

In that same Feb. 12 press release, Anthropic said its run-rate revenue had grown to $14 billion.

In January, it was reported that Anthropic and OpenAI will be competing for enterprise clients this year as both are looking to increase their market share in this segment.

Anthropic CEO Dario Amodei said at the time that enterprises accounted for 80% of Anthropic’s business and that the company finds them to be a relatively stable source of income.

On Feb. 24, Anthropic rolled out new updates to Cowork and a broader set of plugins and connectors designed to turn Claude into role-specific agents that sit alongside existing software rather than replace it, thereby expanding how enterprises can deploy the AI model inside their day-to-day work.

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