Bloomberg, CNBC Confirm Anthropic's $65B Revenue Run Rate; $1.25 Trillion IPO Figure Traces to Prediction Market, Not Anthropic

2 min readPublished 25 Aug 2026

Anthropic told investors its annualized revenue run rate hit $65 billion by the end of July, according to Bloomberg and CNBC, which reported the figure independently. Both outlets describe it as a sevenfold jump and say the company disclosed it as part of a regular update to investors. The confirmation lands as Anthropic prepares for a widely anticipated initial public offering.

What’s confirmed by two newsrooms

Bloomberg reported that Anthropic’s run rate hit $65 billion by the end of July, calling it more than a sevenfold increase from its pace at the end of 2025, and said Q2 revenue exceeded $11.5 billion with positive adjusted operating income. CNBC separately reported the same $65 billion run-rate figure for the end of July, describing it as a sevenfold increase from a year ago, and put preliminary Q2 revenue at $11.5 billion as well. Both outlets attribute the numbers to information Anthropic shared with investors.

Where the reporting agrees, and where it doesn’t

Bloomberg and CNBC align on the two headline figures: the $65 billion annualized run rate and the roughly $11.5 billion in Q2 revenue. But their framing of the growth comparison differs. Bloomberg describes the sevenfold increase as measured against Anthropic’s pace at the end of last year. CNBC frames its sevenfold figure as growth from a year ago, and adds a separate data point Bloomberg does not report: a 14-fold jump in Q2 revenue from the prior year. Whether that 14-fold figure and the sevenfold run-rate comparison are measuring the same underlying base is not addressed by either outlet.

Crypto Briefing, citing Axios, reported the same $65 billion run-rate figure but added that it represents an increase from a $47 billion run rate disclosed in May — a figure that does not appear in either the Bloomberg or CNBC reporting reviewed here and remains single-sourced.

The $1.25 trillion number did not come from Anthropic

Some coverage of this story has circulated alongside a $1.25 trillion IPO valuation figure. That number does not originate from Anthropic, its underwriters, or from Bloomberg or CNBC. It traces to Crypto Briefing‘s reporting on pricing from Vera, a prediction-market intelligence platform, which the outlet said was supportive of scenarios in which Anthropic’s market cap exceeds $1.25 trillion at IPO close. Crypto Briefing also listed related headlines — including one describing EntropyIO relaunching Anthropic pre-IPO markets on the Hyperliquid platform — as sidebar links, not verified reporting. A prediction-market price is a bet on an outcome, not a valuation estimate from a bank, an analyst, or the company itself, and readers should not treat the two as equivalent.

What remains unresolved

Neither Bloomberg nor CNBC’s reporting, as summarized here, addresses an IPO date, underwriter guidance, or an official valuation range. The $47 billion May figure has not been corroborated outside Crypto Briefing’s Axios-sourced report. And the exact relationship between Bloomberg’s sevenfold comparison and CNBC’s sevenfold and 14-fold figures is not spelled out in either outlet’s reporting.