Ahead of its IPO, Anthropic’s Daniela Amodei shrugs off doubts about AI’s returns
TL;DR
Anthropic has been growing at a breakneck pace. The company announced that annualized revenue crossed $47 billion in May, up dramatically from roughly $9 billion at the end of 2025. Ahead of its planned IPO, co-founder Daniela Amodei stays unfazed and shrugs off doubts about AI's profitability. Whether that trajectory holds, though, still has to be proven.
Nauti's Take
The pace is striking: Anthropic's annualized revenue jumped from roughly $9 to $47 billion in months — a strong signal that demand for AI is real. The catch: growth isn't profit, and ahead of an IPO it's still unclear whether the enormous compute costs ever pay off.
Nauti's view: anyone investing in AI stocks or infrastructure should separate real revenue from valuation hype rather than betting on growth curves alone.
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