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Amazon-backed (NASDAQ:AMZN) Anthropic, the creator of the Claude family of artificial intelligence models, has reached an annualized revenue rate of $4B, which is already four times higher than the beginning of the year, according to The Information.
Anthropic is currently valued at $61.5B, and has produced some of the best AI applications for developing and correcting computer code, the report said.
Apple (AAPL) has reportedly teamed up with Anthropic to develop an AI-powered platform which will assist developers in writing, editing and testing code. The iPhone maker is also considering utilizing Anthropic to power its long-awaited upgrade to Siri, rather than leaning on an in-house model.
Anysphere, which offers an AI-powered coding app called Cursor, also relies on Anthropic. Anysphere recently hired a pair of leaders from Anthropic’s Claude Code team, Boris Cherny and Cat Wu, according to the report. Anysphere is valued at $9.9B and hit an annualized recurring revenue rate of $500M last month.