Anthropic’s IPO valuation depends on $200 bn revenue by 2028: Report

Anthropic is preparing for one of the largest IPOs ever, with investors looking ahead to its projected 2028 revenue of $190-$200 billion, Reuters reported. That forecast is far above its recently disclosed $47 billion revenue run rate, highlighting the ambitious growth expectations behind the company's valuation. Wall Street is using forward revenue multiples to assess the AI firm.