Anthropic · xAI · Dario Amodei · Bloomberg · OpenAI · TechCrunch AI
Ahead of its IPO, Anthropic’s Daniela Amodei shrugs off doubts about AI’s returns
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Private investors have been falling over themselves to get a piece of Anthropic, given the AI model maker is growing at a dizzying pace.
Key facts
- The company announced that annualized revenue crossed $47 billion in May, up dramatically from roughly $9 billion at the end of 2025
- Multiple investors told TechCrunch that the company’s $65 billion fundraise at a $965 billion valuation, announced last week, was greatly oversubscribed
- Last month, the company surprised the AI industry by partnering with xAI for compute capacity, a deal later disclosed in SpaceX’s S-1 filing to cost Anthropic $1.25 billion per month
- Co-founder Daniela Amodei, speaking at the Bloomberg Tech conference on Thursday, said the decision comes down to capital
Summary
Co-founder Daniela Amodei, speaking at the Bloomberg Tech conference on Thursday, said the decision comes down to capital. Anthropic has been growing at a breakneck pace. That isn’t fazing Amodei, who believes businesses are still early in figuring out how to deploy AI effectively. “The use cases today, I expect will continue to be the primary driver of efficiency or creativity, whether that’s coding, financial services, legal, health care,” she said.