Anthropic is all in on 'AI safety'—and that's helping the $183 billion ...

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 As CEO of the $96 billion Sam’s Club, Latriece Watkins is testing her mettle at the warehouse retailer that produced CEOs for Walmart, Target, and Walgreens 2

 Surging Treasury yields expose a brutal truth: America has no margin for error on its $39 trillion debt 3

 Current price of oil as of May 29, 2026 Magazine Anthropic Anthropic is all in on ‘AI safety’—and that’s helping the $183 billion startup win over big business

 Founders Daniela and Dario Amodei have made Anthropic and its Claude models the AI many companies prefer over rivals OpenAI and ChatGPT.

 When Anthropic started, Dario Amodei says, “We didn’t have any idea about how we would make money.” Jessica Chou for Fortune By Jeremy Kahn Jeremy Kahn Editor, AI Down Arrow Button Icon By Jeremy Kahn Jeremy Kahn Editor, AI Down Arrow Button Icon December 2, 2025, 5:00 AM ET Add us on Dario Amodei is, in his telling, the accidental CEO of an accidental business—one that just happens to be among the fastest-growing on the planet. “When we first started Anthropic, we didn’t have any idea about how we would make money, or when, or under what conditions,” he says.

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 Anthropic is the San Francisco–based AI company that Amodei cofounded and leads. And it hasn’t taken long for it to start pulling in lots of money, under lots of conditions. The startup has emerged as one of the leading rivals to OpenAI and Google in the race to build ever-more-capable artificial intelligence. And while Anthropic and its Claude family of AI models don’t have quite the same brand recognition as crosstown rival OpenAI and its ChatGPT products, over the past year Claude has quietly emerged as the model that businesses seem to like best .

 Anthropic, currently valued at $183 billion , has by some metrics pulled ahead of its larger rivals, OpenAI and Google, in enterprise usage. The company is on track to hit an annualized run rate of close to $10 billion by year-end—more than 10 times what it generated in 2024. It also told investors in August that it could bring in as much as $26 billion in 2026, and a staggering $70 billion in 2028 . 

 

 Even more remarkably, Anthropic is generating such growth without spending nearly as much as some rivals—at a tim e when massive capital expenditures across the industry are stoking anxiety about an AI bubble . (OpenAI  alone has signed AI infrastructure deals worth more than $1 trillion.) That’s in part because Anthropic says it has found ways to train and run its AI models more efficiently. To be sure, Anthropic is nowhere near profitable today: It was pacing to end 2025 having consumed $2.8 billion more cash than it took in , ac

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