Anthropic PBC is telling prospective investors its second-quarter revenue jumped at least 14-fold versus the same period a year ago, according to documents seen by Bloomberg News.

The Claude chatbot maker reported a preliminary revenue figure of more than $11.5 billion in its latest completed quarter, compared to $787 million in the corresponding period in 2025, and $4.73 billion in the first quarter of this year, the documents show. The second quarter of 2026 saw Anthropic report positive adjusted operating income, according to the documents.

Deliberations are ongoing and the figures could be revised. A representative for Anthropic declined to comment.

The rapid growth comes as the company battles its longtime rival OpenAI to win over corporate customers. Once considered an underdog in the artificial intelligence race, Anthropic has seen a surge in professionals adopting its software to streamline tasks including coding.

Anthropic’s annualized revenue or run rate crossed $47 billion in May. OpenAI has an annual run rate of over $40 billion, Bloomberg News reported, though the two figures may not be calculated the same way.