Anthropic is projecting 2028 revenue of roughly $190 billion to $200 billion, according to two people familiar with the company's financials, a figure that has not previously been reported. The projection dwarfs the $47 billion revenue "run rate," reflecting the firm's current pace of business, that the company publicized as recently as May, and shows the scale of growth investors are being asked to underwrite.

Half a dozen of the company’s backers said rapidly rising revenue would enable it to more than double its current valuation in a planned October float.

Investors expect Anthropic to be valued at $2trn or more in its upcoming IPO, doubling its initial aim of $1trn and dwarfing SpaceX.

Anthropic is heading towards a potential record-breaking IPO, with investors reportedly expecting a valuation of more than $2 trillion as the AI startups revenue continues to…

Rapid revenue growth fuels hope Claude maker's IPO is the biggest listing in history...