Anthropic expected to tell investors it sees over $30 trillion in potential revenue, WSJ reports
Anthropic logo in this illustration taken June 5, 2026. REUTERS/Dado Ruvic/Illustration
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Aug 25 : Anthropic is likely to tell investors that it sees its total addressable market (TAM) exceeding $30 trillion, ahead of the $28.5 trillion estimate from SpaceX, the Wall Street Journal reported on Tuesday.
TAM is the annual revenue opportunity available if a product or service achieved 100 per cent market share in its relevant market.
Here are a few details:
• To quantify its TAM, Anthropic is looking at the full scope of work that could be completed with AI models, WSJ said.
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• Anthropic did not immediately respond to a Reuters request for comment.
• A large TAM would justify Anthropic’s valuation and heavy infrastructure spending, guide product priorities, frame its rivalry with OpenAI and Google, and anchor the growth story behind its planned IPO.
• SpaceX, in its May IPO filing, said it has identified the “largest actionable TAM in human history,” attributing most of it to AI technology.
• The Claude chatbot maker is projecting 2028 revenue of roughly $190 billion to $200 billion, with its IPO valuation hinging on those forecasts, Reuters reported earlier this month.
Source: Reuters
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