Anthropic CEO: First quarter revenue and usage surged 80 times, exceeding company expectations
Anthropic CEO Dario Amodei stated on Wednesday at the Code With Claude developer conference in San Francisco that the company's revenue in the first quarter saw an 80-fold increase alongside customer AI usage, which took the company by surprise. He mentioned that the company had originally planned for a 10-fold annual growth, but the actual growth rate far exceeded expectations, leading to a tight supply of computing power.
Anthropic's annualized revenue increased from nearly $1 billion at the end of 2024 to $9 billion by the end of the year, and by early April this year, it had surged to $30 billion. The strong demand for Claude Code and work agents allowed it to nearly meet its annual forecast ahead of schedule last month. To alleviate the pressure on computing power, Anthropic signed contracts for a total of 10 gigawatts of computing power supply with Amazon and Google over the past month, and announced on Thursday that it will utilize all the computing power of xAI's first data center, Colossus 1, located in Memphis, within the next month. Amodei stated that the company will continue to acquire more computing power as much as possible.
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