Goldman Sachs Projects Anthropic Revenue to Top $600B by 2030

Goldman Sachs projects Anthropic's revenue will exceed $600B by 2030, more than 130 times its 2025 level, with roughly $52B this year, $136B in 2027 and $442B in 2029, according to figures shared verbally with a potential investor as the IPO roadshow begins. The forecast ties valuation tightly to compute converting into revenue on schedule, so any delay in data center build-out would first widen the 2027 cash gap.