What Anthropic actually does
Anthropic is an AI safety and research company and the maker of Claude, a family of frontier large language models used by enterprises and developers worldwide.
Revenue segments
Claude API
Usage-based access to Claude models for developers and businesses. The core revenue engine, billed per token across all three major clouds.
Available on AWS, Google Cloud & AzureClaude Code
An AI coding agent that became a multi-billion-dollar run-rate product on its own and a primary driver of enterprise adoption.
>$2.5B run-rate (Feb 2026)Claude apps (Pro & Max)
Consumer and prosumer subscriptions to Claude. Claude reached roughly 14% of AI app downloads in Q2 2026, up from ~1% a year earlier.
~14% of AI app downloads, Q2 2026Enterprise
Large organizations deploying Claude in core operations, the fastest-growing slice of the customer base.
Global enterprise rolloutCompute & infrastructure
Frontier AI is a capital-intensive business. Anthropic's compute is anchored by deep partnerships:
- Amazon Web Services (primary cloud and training partner), up to 5 GW new capacity
- Google Cloud and Broadcom, 5 GW next-gen TPU capacity
- SpaceX GPU capacity via Colossus 1 and 2
- Available on AWS, Google Cloud, and Microsoft Azure
The team
Anthropic was founded in 2021 by Dario Amodei and Daniela Amodei, former OpenAI researchers, and is headquartered in San Francisco, California. Learn more about who backs the company or read the valuation analysis.