Reported about 6 hours ago
Anthropic forecasts up to $70 billion in revenue and $17 billion in cash flow by 2028, driven by increased demand for its AI business products. The company aims for $9 billion in annual recurring revenue by the end of 2025 and has partnerships with Microsoft and Salesforce to enhance its offerings. Recent improvements to its AI models are set to appeal to businesses adopting AI solutions, and Anthropic's gross profit margin is projected to rise significantly by 2028.
Source: YAHOO