Anthropic is on track to generate up to $70 billion in revenue and $17 billion in cash flow by 2028, driven by strong demand for its business products. The company is expected to more than double its annual revenue run rate next year, targeting $9 billion in annual recurring revenue (ARR) by the end of 2025 and increasing that to between $20 billion and $26 billion by 2026. For this year, Anthropic anticipates $3.8 billion from API sales, significantly outpacing OpenAI’s projected $1.8 billion from similar sales. Claude Code, Anthropic's AI model, is projected to hit $1 billion in annualized revenue, a notable increase from $400 million just a few months ago. Anthropic’s recent partnerships with Microsoft and Salesforce highlight its aggressive push into the B2B market. These collaborations will integrate Anthropic's AI into Microsoft 365 and expand its presence within large organizations like Deloitte and Cognizant. The launch of smaller models, such as Claude Sonnet 4.5 and Claude Haiku 4.5, caters to businesses looking for cost-effective AI solutions. Furthermore, the company aims for a gross profit margin of 50% this year, improving to 77% by 2028, a significant recovery from a negative margin of 94% last year. On the funding front, Anthropic raised $13 billion in a recent investment round, valuing the company at $170 billion. If it seeks more investment, it could aim for a valuation between $300 billion and $400 billion. In contrast, while OpenAI is focusing on a similar B2B strategy, it is expected to face substantial losses, with cash burn totaling $14 billion in 2026 and projected to reach $115 billion by 2029. This stark difference in financial outlooks positions Anthropic favorably as it continues to expand its market presence.