Anthropic Revenue Forecast Jumps to $190B-$200B by 2028

Anthropic projects $190B-$200B revenue by 2028, a massive increase from the $47B annualized figure reported in May. Investors are applying enterprise value-to-revenue multiples for valuation.

Woofun AI reports that Anthropic anticipates generating between $190 billion and $200 billion in revenue by 2028. This projection significantly surpasses the $47 billion in annualized revenue disclosed in May of this year. Bankers and investors are currently utilizing enterprise value-to-revenue multiples to determine the company's worth based on these figures. While using revenue multiples is standard for high-growth software firms lacking established profit models, extending forecasts two years into the future is atypical. This approach highlights the rapid pace of Anthropic's business expansion and the challenges in establishing valuation benchmarks for an entity heavily investing in AI infrastructure.