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The information reports that Anthropic expects to generate as much as $70 billion in revenue and $17 billion in cash flow in 2028.

The growth projections are fueled by rapid adoption of Anthropics business products,

a person with knowledge of the company's financials said.

Last month, Reuters reported that Anthropic is projected to more than double

and potentially nearly triple its annual revenue run rate next year.

The company is reportedly on track to meet a goal of $9 billion in ARR by the end of 2025

and has set a target of $20 billion to $26 billion AARR for 2026.

Anthropic expects its revenue this year from selling access to its AI models through

an API to hit $3.8 billion, doubling the $1.8 billion revenue open AI expects to generate from

API sales, per the information. Claude Code is reportedly close to generating $1 billion in

annualized revenue up from about $400 million in July.

In recent weeks, Anthropics' aggressive B2B strategy has become clearer.

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