Artificial intelligence startup Anthropic is projecting to more than double and potentially nearly triple its annualized revenue run rate next year, fueled by the rapid adoption of its enterprise products, according to two people familiar with the matter.
Why it matters
The revenue projections underscore continued strong demand for generative AI tools among businesses and help explain investor enthusiasm, even as AI spending, especially in infrastructure buildout, comes under scrutiny. Some people worry the level of investment might be unsustainable.
Read More