Between all the leaks in the press about Anthropic’s financials, here’s what our CEO Dario Amodei said in a recent podcast interview:

If you look at revenue, Anthropic’s revenue every year has grown 10x. Every year, we’re kind of conservative, and we say it can’t grow 10x this time. I never assume anything, and actually always am very conservative in saying, I think it’s going to slow down on the business side.

But we went from zero to $100 million in 2023. We went from $100 million to a billion in 2024. And this year, in this first half of the year, we’ve gone from $1 billion to, I think, as of speaking today, it’s well above $4 billion. It might be $4.5 billion. And so if you think about it, suppose that exponential continued for two years. I’m not saying it will.

But suppose it continued for two years, you’re well into the $100 billion. I’m not saying that will happen. I’m saying the situation is that when you’re on an exponential, you can really get fooled by it.

On profitability:

So I would distinguish different things. There’s the cost of running the model, right? So for every dollar the model makes, it costs a certain amount. That is actually already fairly profitable. There are separate things. There’s the cost of paying people and buildings. That is actually not that large in the scheme of things. The big cost is the cost of training the next model.

Watch the full podcast interview.