AI models and platforms · Starter · Team Amazon and Anthropic

Anthropic

Frontier model lab that buys chips from Google, Amazon, Nvidia and AMD.

87OVRAll-StarDraft · rated on 4 of 6

Ratings

Anthropic led enterprise LLM API spend at about 40% in Menlo's late 2025 survey and reported run-rate revenue of $65bn at the end of July 2026, with compute supply as its exposure.

Dominance90draft
Leads enterprise LLM API spend at about 40% in Menlo's survey, and 43.8% of US businesses pay it on Ramp's August 2026 data.
reported cnbc.com
Momentumunrated
The Atlas gives Anthropic's $65bn run rate and no growth rate or earlier figure.
Leverage80draft
Coding tools such as Cursor buy its models, and Menlo estimated Anthropic at 54% of coding model spend.
reported hpcwire.com
Network base 58, judgment +22.
Durability78draft
Its named risks are compute supply and OpenAI and Google closing the enterprise gap.
reported cnbc.com
Firepower97draft
Raised a $65bn Series H at a $965bn post-money valuation in May 2026 (Orrick).
reported cnbc.com
Deal Heat90draft
It is reported to have confidentially filed for an IPO.
reported cnbc.com

Badges

In Play draft
Anthropic is reported to have confidentially filed for an IPO.

Key figures

$65bnRun-rate revenue, July 2026 $65bnSeries H, May 2026 $965bnPost-money valuation

From the Atlas key figure: Run-rate revenue $65bn at end of July 2026 (CNBC). $65bn Series H at a $965bn post-money valuation in May 2026 (Orrick). Reported to have confidentially filed for an IPO. Source: cnbc.com.

ListedPrivate

HQSan Francisco, California

Founded2021

CEODario Amodei

Profile

Frontier model lab that buys chips from Google, Amazon, Nvidia and AMD.

AI models and platforms · Frontier labs · Starter

Key figure Run-rate revenue $65bn at end of July 2026 (CNBC). $65bn Series H at a $965bn post-money valuation in May 2026 (Orrick). Reported to have confidentially filed for an IPO.

Why it leads Leads enterprise API spend and coding, and buys compute from Google, Amazon, Nvidia and AMD.

What could change it Compute supply, and OpenAI and Google closing the enterprise gap.

reported cnbc.com

Connections

Allies and partners

Google in Silicon
Up to 1 million TPUs, with well over a gigawatt online in 2026. Anthropic also keeps using Trainium and Nvidia. maginative.com
On the map
Amazon in Cloud and compute
Anthropic's primary training partner on Trainium. maginative.com
On the map
AMD in Silicon
Up to 2 GW of MI450 GPUs in Helios racks. ir.amd.com
On the map
Cursor (Anysphere)
Coding tools buy frontier models, and Menlo estimated Anthropic at 54% of coding model spend. hpcwire.com
On the map

Rivals

OpenAI
Menlo's late 2025 survey put Anthropic at 40% of enterprise API spend and OpenAI at 27%. hpcwire.com
On the map

Owners and backers

funded by Apollo in Infrastructure and data centers
Leads a reported $35bn package, with Blackstone, to buy chips for lease to Anthropic. bloomberg.com
On the map
funded by Amazon in Cloud and compute
Amazon's Q2 2026 net income included $53.4bn of non-operating gains, mainly from its Anthropic investments. ir.aboutamazon.com
On the map
funded by Microsoft in Cloud and compute
Microsoft's results included a $3.2bn gain tied to its Anthropic investment. aa.com.tr
On the map

See Anthropic and its connections on the map →

Sector standing

No. 2 of 11 rated in AI models and platforms

Ratings by Claude (draft), 2026-11-02, read from the Atlas data under the ratings rubric. Logo: anthropic.com. CC0 via Simple Icons 16.36.0. The mark is a trademark of its owner.