"The company’s growing operating losses" - yeah, if you are a "research firm" basing your research on the leaked 2025 Anthropic financials and not what happened in 2026 you are on the verge of malpractice.
(I think 2 trillion dollars is an absurd valuation for a product with such hot competition and low switching cost, but if you make the case that Anthropic is losing money based on the 2025 numbers from that Reuters report you're being farcical.)
UPDATE: I found the actual New Horizons report here - it does acknowledge the 2026 numbers, unlike the linked CNBC story about that report: https://www.newconstructs.com/anthropic-is-the-most-ridiculo...
"The company grew revenue twelvefold in 2025 to ~$4.6 billion. According to the New York Times, Anthropic is on pace to generate $100 billion in annualized revenue by the end of 2026."
It does lean into those 2025 figures when talking about Anthropic's losses though, which is weird when Anthropic have supposedly claimed two profitable quarters in 2026.
UPDATE 2: The CNBC article actually does cover this:
"Anthropic claimed at the end of July that its annualized revenue run rate was up sevenfold year-over-year to $65 billion."
I withdraw my comment. I shouldn't have let my pet peeve (that Reuters article being misreported all over the place) get ahead of me here.
(I think 2 trillion dollars is an absurd valuation for a product with such hot competition and low switching cost, but if you make the case that Anthropic is losing money based on the 2025 numbers from that Reuters report you're being farcical.)
UPDATE: I found the actual New Horizons report here - it does acknowledge the 2026 numbers, unlike the linked CNBC story about that report: https://www.newconstructs.com/anthropic-is-the-most-ridiculo...
"The company grew revenue twelvefold in 2025 to ~$4.6 billion. According to the New York Times, Anthropic is on pace to generate $100 billion in annualized revenue by the end of 2026."
It does lean into those 2025 figures when talking about Anthropic's losses though, which is weird when Anthropic have supposedly claimed two profitable quarters in 2026.
UPDATE 2: The CNBC article actually does cover this:
"Anthropic claimed at the end of July that its annualized revenue run rate was up sevenfold year-over-year to $65 billion."
I withdraw my comment. I shouldn't have let my pet peeve (that Reuters article being misreported all over the place) get ahead of me here.