Anthropic expected to tell investors it sees over US$30 trillion in potential revenue, WSJ reports 

Anthropic is likely to tell investors that it sees its total addressable market exceeding US$30 trillion, ahead of the US$28.5 trillion estimate from SpaceX the Wall Street Journal reported on Tuesday.

TAM is the annual revenue opportunity available if a product or service achieved 100 percent market share in its relevant market.

Here are a few details:

• To quantify its TAM, Anthropic is looking at the full scope of work that could be completed with AI models, WSJ said.
• Anthropic did not immediately respond to a Reuters request for comment.
• A large TAM would justify Anthropic's valuation and heavy infrastructure spending, guide product priorities, frame its rivalry with OpenAI and Google, and anchor the growth story behind its planned IPO.
• SpaceX, in its May IPO filing, said it has identified the "largest actionable TAM in human history," attributing most of it to AI technology.
• The Claude chatbot maker is projecting 2028 revenue of roughly US$190 billion to US$200 billion, with its IPO valuation hinging on those forecasts, Reuters reported earlier this month. 

Reuters

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