tech

Jon Keegan10/16/25

Report: Anthropic is catching up to OpenAI, on track for $9 billion annual run rate by the end of 2025

Strong demand for its enterprise AI tools like Claude Code has pushed Anthropic’s annual revenue run rate to $7 billion this month, according to a report from Reuters, with the Amazon-backed company on track to hit $9 billion ARR by the end of 2025.

The company was targeting a $5 billion annual run rate as recently as September.

The acceleration of revenue is helping Anthropic catch up to its larger rival OpenAI. Recently, OpenAI told its investors that the company has a $13 billion annual run rate target, according to The Information.

According to the report, things are picking up so fast for Anthropic that it is nearly tripling its annual revenue targets for 2026 to as much as $26 billion.

Anthropic recently raised an series F round of $13 billion, giving the startup a valuation of $183 billion.

Exclusive: Anthropic aims to nearly triple annualized revenue in 2026, sources say

Exclusive: Anthropic aims to nearly triple annualized revenue in 2026, sources say

The acceleration of revenue is helping Anthropic catch up to its larger rival OpenAI. Recently, OpenAI told its investors that the company has a $13 billion annual run rate target, according to The Information.

According to the report, things are picking up so fast for Anthropic that it is nearly tripling its annual revenue targets for 2026 to as much as $26 billion.

Anthropic recently raised an series F round of $13 billion, giving the startup a valuation of $183 billion.

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Anthropic reportedly doubles current fundraising round to $20 billion

Anthropic has doubled its current fundraising round to $20 billion on strong investor demand, according reporting from the Financial Times. The new fundraising round would value the company at a staggering $350 billion. That’s up 91% from September, when it raised at a valuation of $183 billion.

The company reportedly received interest totaling 5x to 6x its original $10 billion fundraising goal, and it’s expected to haul in several billion more than that tally before the current round closes.

Anthropic’s success with enterprise customers and the popularity of its Claude Code product are boosting the company’s momentum as it chases the current valuation leader of the AI startup pack: OpenAI.

Anthropic doubles VC fundraising to $20bn on surging investor demand

Anthropic doubles VC fundraising to $20bn on surging investor demand

The company reportedly received interest totaling 5x to 6x its original $10 billion fundraising goal, and it’s expected to haul in several billion more than that tally before the current round closes.

Anthropic’s success with enterprise customers and the popularity of its Claude Code product are boosting the company’s momentum as it chases the current valuation leader of the AI startup pack: OpenAI.

Produce At Whole Foods Market's Flagship Store

Amazon says it’s doubling down on opening Whole Foods stores. That sounds familiar.

The company says it’ll open 100 Whole Foods locations in the next few years. That sounds similar to plans Whole Foods’ CEO laid out in 2024 for opening 30 stores a year. Since then, it appears to have added 14, total.

Incredulous Man

One year after the DeepSeek freak, the AI industry has adjusted and roared back

A look back at how the Chinese startup shattered conventions, changed the way Big Tech thought about AI, and blew a $1 trillion hole in the stock market that got filled right back up... and then soared to new levels.

tech

Georgia lawmakers introduce data center construction moratorium amid statewide pushback

More and more communities across the US are wrestling with the pros and cons of having a data center come to town. Georgia has become a hotspot of resistance to the data centers planned by Big Tech, according to a new report from The Guardian. The Atlanta metro area led the nation in data center construction in 2024.

Georgia state representatives introduced legislation that would place a one-year moratorium on data center construction in the state. Ten Georgia municipalities have already passed local bans on data centers.

Per the report, at least three other states have seen similar data center moratorium legislation introduced in the last week, including Maryland and Oklahoma.

Georgia leads push to ban datacenters used to power America’s AI boom

Georgia leads push to ban datacenters used to power America’s AI boom

Georgia state representatives introduced legislation that would place a one-year moratorium on data center construction in the state. Ten Georgia municipalities have already passed local bans on data centers.

Per the report, at least three other states have seen similar data center moratorium legislation introduced in the last week, including Maryland and Oklahoma.

Tesla’s Robotaxi is way cheaper than Uber, Lyft, or Waymo — but you’ll have to wait a lot longer for one

New data from ride-share comparison app Obi shows how much cheaper and less available Tesla’s autonomous ride-share service is.

Self Driving Taxi Company Waymo Voluntarily Issues Software Recall Over Cars Not Stopping For School Buses

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