500 million was specific to Claude Code, they are at 5 billion annual run rate and growing
Comment on AI startup Anthropic agrees to pay $1.5bn to settle book piracy lawsuit
Botzo@lemmy.world 3 weeks ago$500 million in run-rate revenue
Absolutely astounding that they can raise $13B on a sixth round of funding on that.
For the less finance jargon savvy, “run-rate revenue” just means projected annual revenue.
yes_this_time@lemmy.world 3 weeks ago
Botzo@lemmy.world 3 weeks ago
I see. That definitely makes 13B way more sane.
baggachipz@sh.itjust.works 3 weeks ago
They’ve raised $32 billion total. Does it still sound sane?
Botzo@lemmy.world 3 weeks ago
5B run rate explains the wild 183B valuation better. The calculus is usually a solid return after 3 years and double or better by 5, so they’re being on something like a 500B valuation by 2030.
And they very likely won’t be profitable in the real sense even then.
Hackworth@sh.itjust.works 3 weeks ago
Anthropic’s news page is educational in every sense of the word.