# The $1 Trillion Question Behind Anthropic's Valuation Stampede

- slug: the-1-trillion-question-behind-anthropics-valuation-stampede
- date: 2026-04-24
- category: Artificial Intelligence

Claude Code is generating $2.5B in annualized revenue — and may be the only thing standing between Anthropic and a $1T valuation built on sand. Whether the revenue is durable is the open question.

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