Editorial illustration for Anthropic Forecasts USD 70B Revenue by 2028, API Sales to Fuel 80% Growth
Anthropic's $70B AI Revenue Plan Driven by API Sales
Anthropic projects revenue jump from USD 4.7B to USD 70B by 2028, API to drive 80%+
The artificial intelligence race is heating up, and Anthropic is making bold financial predictions that could reshape the tech landscape. The company sees massive potential in its API offerings, targeting a dramatic revenue leap from $4.7 billion to $70 billion by 2028.
Silicon Valley startups often make ambitious forecasts, but Anthropic's projection stands out for its specificity and confidence. The company isn't just talking about growth, it's mapping a precise path to exponential expansion through strategic API sales.
Developers and enterprise customers are clearly in Anthropic's crosshairs. By positioning Claude Code and API access as primary revenue drivers, the company is signaling a laser focus on business-to-business technology solutions.
But can Anthropic actually deliver on these ambitious targets? The next few years will test whether the company's AI capabilities can match its financial aspirations. One thing seems certain: the API market is becoming a critical battleground for AI idea.
The bulk of Anthropic's revenue comes from selling API access to businesses, and that is expected to remain the main growth engine. By 2028, over 80 percent of revenue is projected to come from API and related business applications. Anthropic's developer tool, Claude Code, is also becoming a bigger part of the business, with forecasts showing it could soon reach $1 billion in annualized revenue. OpenAI, Anthropic's main rival, expects to hit $20 billion in annualized recurring revenue by the end of 2025, which is more than four times Anthropic's most optimistic revenue forecast for the same year.
Anthropic's ambitious revenue projections reveal a strategic bet on enterprise AI integration. The company expects to surge from $4.7 billion to $70 billion by 2028, with API sales driving over 80% of that growth.
Claude Code, their developer tool, signals another promising revenue stream potentially reaching $1 billion in annualized income. This suggests Anthropic is positioning itself not just as an AI research company, but as a strong commercial platform.
The focus on API access to businesses indicates a pragmatic approach. Instead of chasing consumer headlines, Anthropic seems intent on becoming the backend infrastructure for corporate AI applications.
Comparing themselves quietly to OpenAI's $20 billion projected revenue, Anthropic appears confident in its growth strategy. Their projection of a nearly 15x revenue jump in five years is bold, yet grounded in the current enterprise AI market's rapid expansion.
Still, questions remain about how precisely they'll achieve such dramatic growth. But for now, Anthropic's API-first model looks like a calculated path to significant market share.
Further Reading
- The real AI bubble may be in the private market - Morningstar (MarketWatch)
- Anthropic Nears $350 Billion Valuation in $10 Billion Mega-Round - Fintool
- Anthropic Nears $350 Billion Valuation in $10 Billion Raise - Unite.AI
Related Reading
Browse all Anthropic news →
Business & Startups OpenAI, a Series F San Francisco startup founded in 2015 by eight pioneers
Business & Startups Terminal-Bench 2.0 launches with Harbor, testing any container-installable agent
Business & Startups Zuckerberg Unveils Meta Compute to Build Global AI Infrastructure
Related Topic Anthropic's Claude also citing Elon Musk's Grokipedia, reports say
LLMs & Generative AI
Related Topic Claude Code Update Boosts Context Window for Complex Developer Workflows
LLMs & Generative AI
From Archives Enterprise AI Replacements Still Require Standard Engineering Safeguards
From Archives OpenAI CEO Sam Altman projects USD 20 billion revenue, backs US chip push
From Archives Anthropic's Claude reduces SOC investigations from 5 hrs to 7 min, 95% accuracy
LLMs & Generative AI
From Archives Google launches AI chips with 4× boost, lands Anthropic multibillion deal
Common Questions Answered
How much revenue is Anthropic projecting by 2028?
Anthropic is forecasting a dramatic revenue increase from $4.7 billion to $70 billion by 2028. This ambitious projection is primarily driven by their API sales and business applications.
What percentage of Anthropic's revenue is expected to come from API sales by 2028?
Over 80 percent of Anthropic's revenue is projected to come from API and related business applications by 2028. This strategy positions their API offerings as the primary growth engine for the company.
What is Claude Code and what is its potential revenue?
Claude Code is Anthropic's developer tool that is becoming an increasingly important part of their business strategy. The company forecasts that Claude Code could potentially reach $1 billion in annualized revenue in the near future.