Anthropic Revenue Run Rate Tops $30 Bn: Report - BW Businessworld

US artificial intelligence startup Anthropic said its annualised revenue run rate has climbed past USD 30 billion, more than tripling from USD 9 billion at the end of 2025, underscoring the breakneck pace of growth in demand for its Claude AI services.

The company also confirmed plans to deepen its collaboration with Broadcom and Google to support its expanding computing needs, according to a Bloomberg News report.

Anthropic said demand for Claude has accelerated sharply this year, with more than 1,000 business customers now spending over USD 1 million annually on its services, a figure that has more than doubled since February. The annual run rate, a commonly used startup metric, extrapolates current sales over a full year.

"The collaboration will help us build the capacity necessary to serve the remarkable growth we have seen in our customer base," chief financial officer Krishna Rao said in a statement.

The strong growth comes despite a high-profile dispute with the US government. Anthropic is challenging a decision by the U.S. Department of Defense to label the company a supply-chain risk following a standoff over AI safety guardrails.

Anthropic has warned the designation could cost it billions of dollars in lost revenue. An attorney for the company recently told a judge in San Francisco that more than 100 enterprise customers had contacted Anthropic to express doubts about continuing their work after the government's action. Still, some customers value the company's stance. "They respect that Anthropic demonstrates its principles," chief commercial officer Paul Smith said in an interview last week.

Broadcom is developing custom AI chips based on Google's tensor processing units, or TPUs, positioning them as an alternative to offerings from Nvidia. Broadcom and Google have signed a long-term agreement, including supply assurances through 2031, according to a Broadcom regulatory filing on Monday.

Under an expanded strategic partnership, the three companies will also enable Anthropic to access about 3.5 gigawatts of computing power starting in 2027, a scale reflecting the massive infrastructure demands of advanced AI models.

Broadcom shares rose as much as 3.6 per cent in late trading following the filing. Chief executive Hock Tan has said the company expects AI chip sales to exceed USD 100 billion next year, potentially intensifying competition in the fast-growing AI hardware market.

Google's TPUs were originally designed to accelerate its search engine, but have since become a key technology for building and running AI software. Broadcom takes Google's specifications and turns them into full chip designs that can be manufactured at scale.