Anthropic annual revenue races past $19 billion as ITI challenges Pentagon risk move

On March 5, 2026, Anthropic reported that its annual revenue has climbed beyond $19 billion, more than doubling from a $9 billion run rate late last year, driven by greater usage of its AI models and tools such as Claude Code. On the same day, the Information Technology Industry Council sent a letter to U.S. Defense Secretary Pete Hegseth warning that a prospective supply chain risk designation arising from a procurement dispute could curb federal access to leading American tech services. The policy clash follows a recent decision by President Donald Trump to order a federal agency‑wide ban on Anthropic with a six‑month phaseout and comes as the company, now valued at about $380 billion, signs a three‑year AI cooperation MoU with the Rwandan government in Kigali.