
Anthropic announced a $65 billion Series H funding round on 29th May 2026. In the announcement, the company stated that its run-rate revenue crossed $47 billion earlier that month, up from approximately $30 billion at the end of April.
Run-rate revenue is an annualized projection calculated by taking the most recent month's revenue and multiplying by 12. Anthropic has shared this metric in multiple fundraising announcements: $14 billion in February 2026 (Series G), $30 billion in April 2026, and $47 billion in May 2026.
According to Axios CEO Jim VandeHei (quoted in the article), no company in any industry or era has scaled organic revenue this quickly at this level, a statement made when Anthropic's run-rate was $30 billion.
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