Anthropic is projecting nearly $20 billion in annual revenue, a rapid increase driven by strong adoption of its AI products like Claude Code, and the company is now valued at $380 billion.
However, the U.S. Defense Department has declared Anthropic a supply-chain risk, aiming to cut off its government sales after the company sought restrictions on military use of its AI for surveillance and weapons.
Anthropic has called the designation legally unsound and plans to challenge it in court, while the long-term business impact is uncertain despite a recent surge in consumer app downloads.
Main Topics: Anthropic's financial growth and valuation; its clash with the Pentagon over AI safeguards and the supply-chain risk designation; the potential business and legal repercussions.
Anthropic PBC is on track to generate annual revenue of almost $20 billion, a projection based on current performance, more than doubling its run rate from late last year â a sign of the AI companyâs rapid growth in the lead-up to its recent clash with the Pentagon.
The artificial intelligence company recently surpassed $19 billion in run-rate revenue, up from $9 billion at the end of 2025 and roughly $14 billion a few weeks ago, said the people, who spoke on condition of anonymity as the information is not public. The growth in run rate was driven by strong adoption of Anthropicâs AI models and products, including its coding tool, Claude Code, the people said.
Anthropic, now valued at $380 billion, has seen strong momentum this year. Multiple products from the company have gained viral attention for helping to automate more complex tasks, including Claude Code. However, a clash with the Pentagon over AI safeguards now casts doubt over Anthropicâs business.
On Friday, Defense Secretary Pete Hegseth declared the AI developer a supply-chain risk â a designation typically reserved for companies from countries the US views as adversaries. The move came after a tense standoff in which Anthropic pressed for restrictions on the Pentagonâs use of its AI technologies for surveillance and autonomous weaponry. Hegsethâs declaration is meant to not only cut off Anthropicâs sales from the US government, but also numerous other firms.
Dean Ball, a former White House adviser who helped create the Trump administrationâs AI Action Plan, described the declaration as âattempted corporate murder.â Anthropic called the move âlegally unsoundâ and said itâs prepared to âchallenge any supply chain risk designation in court.â
The long-term impact of the Pentagonâs declaration on Anthropicâs software sales to business customers â which has long been its core business â remains to be seen. In the meantime, itâs gaining traction with everyday users. Anthropicâs main app recently topped Apple Inc.âs download charts, reflecting a surge of support for the company during its feud with the Pentagon.
The artificial intelligence company recently surpassed $19 billion in run-rate revenue, up from $9 billion at the end of 2025 and roughly $14 billion a few weeks ago, said the people, who spoke on condition of anonymity as the information is not public. The growth in run rate was driven by strong adoption of Anthropicâs AI models and products, including its coding tool, Claude Code, the people said.
Anthropic, now valued at $380 billion, has seen strong momentum this year. Multiple products from the company have gained viral attention for helping to automate more complex tasks, including Claude Code. However, a clash with the Pentagon over AI safeguards now casts doubt over Anthropicâs business.
On Friday, Defense Secretary Pete Hegseth declared the AI developer a supply-chain risk â a designation typically reserved for companies from countries the US views as adversaries. The move came after a tense standoff in which Anthropic pressed for restrictions on the Pentagonâs use of its AI technologies for surveillance and autonomous weaponry. Hegsethâs declaration is meant to not only cut off Anthropicâs sales from the US government, but also numerous other firms.
Dean Ball, a former White House adviser who helped create the Trump administrationâs AI Action Plan, described the declaration as âattempted corporate murder.â Anthropic called the move âlegally unsoundâ and said itâs prepared to âchallenge any supply chain risk designation in court.â
The long-term impact of the Pentagonâs declaration on Anthropicâs software sales to business customers â which has long been its core business â remains to be seen. In the meantime, itâs gaining traction with everyday users. Anthropicâs main app recently topped Apple Inc.âs download charts, reflecting a surge of support for the company during its feud with the Pentagon.
Meridiano
