00:00Anthropic, the maker of the Claude chatbot, set for annualised revenues of more than $65 billion US dollars,
00:07according to Bloomberg reporting.
00:09That is up to seven times the level they were at at the end of last year,
00:14when it was closer to $9 billion.
00:16So from $9 billion to $65 billion US dollars on an annualised rate on the current performance.
00:22For size and scope, Google took about 16 years from launch of that company
00:26to getting to $65 billion US dollars in revenue.
00:30It's taken Anthropic about five years.
00:32There has been massive adoption, massive demand, particularly from businesses and enterprises
00:37for Anthropic's solutions, particularly their Claude code and coding agents,
00:42to the point where they now outstrip OpenAI in terms of market share amongst businesses adopting their solution.
00:49All of this good news leading up to that potential IPO for Anthropic.
00:54They have filed confidentially with the regulators in the US.
00:58There's a lot of speculation they could be listing as soon as the end of this year.
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