Anthropic
Anthropic’s rise has been absolutely insane.
The company was valued at just $61.5B in March 2025.
By September 2025: $183B.
February 2026: $380B.
May 2026: $965B.
And this chart now has Anthropic’s implied valuation around $849B.
What stands out to me is how quickly AI has created companies worth hundreds of billions of dollars almost from scratch.
Anthropic’s revenue run rate had already crossed $47B in May, and Reuters recently reported it reached about $65B by July.
Whether today’s valuation ends up being justified is a completely different question.
But I think Anthropic is one of the clearest examples yet of just how much economic value is being created around AI.
And we are still ridiculously early.
