Anthropic added $18B in annualized revenue in two months
Issue #017 · 4 min read
Anthropic added $18B in annualized revenue in two months
Plus: Amazon is shredding rare books to train models, and a critical hole in a popular coding agent
The big story
Anthropic's annualized revenue just jumped to $65 billion. That's according to TechCrunch.
Here's the number that should stop you. Anthropic added $18 billion in annualized revenue in two months.
Not two years. Two months.
That pace doesn't look like normal enterprise sales motion. It looks like a company that found something customers can't stop buying once they start.
A separate piece frames it well: Anthropic is becoming the "Apple of AI" — most revenue, despite charging the most, according to TechRadar via Hacker News.
If that holds, it breaks the assumption a lot of roadmaps are quietly built on: that price competition eventually forces AI vendors toward commodity margins.
Anthropic is proving the opposite is possible, at least for now.
If you're negotiating a multi-model contract, budgeting against "prices will fall," or benchmarking your own AI feature's margins against a foundation model provider, this is the data point to bring into that conversation.
What shipped
A critical hole was found in Serena, one of the most widely used AI coding agents.
GitLab's Threat Research Group found that Serena would run attacker-supplied code the moment a developer opened a project. It's a server-side template injection bug that let a threat actor hide malicious instructions and get arbitrary code executed in the agent's process, before the developer typed a single prompt.
Anyone on serena-agent 1.6.1 or earlier should update to 1.7.0 now, according to GitLab's writeup.
If your team has wired an AI coding agent into its workflow, this is worth a five-minute check today, not next sprint.
Two more foundation models landed inside GitHub Copilot. Grok 4.6, xAI's latest reasoning model built for agentic coding and multi-step workflows, is now rolling out, per GitHub's changelog. Gemini 3.7 Flash is rolling out too, with GitHub saying early testing shows gains in web and app development, per this changelog entry.
Neither release is dramatic on its own. Together they're a reminder that "which model powers Copilot" is now a weekly question, not a yearly one, worth knowing if your team has opinions about which model touches its codebase.
GitHub OAuth apps can now issue expiring access tokens with refresh tokens, and support multiple redirect URIs. That's a real security upgrade for anyone building an integration on GitHub's platform, not just an engineering footnote, see the changelog. If your product has a GitHub OAuth integration that's been quietly using non-expiring tokens, this is the week to plan the migration.
The one worth sitting with
Amazon is destroying rare books after scanning them, to train AI models. TechCrunch's framing is blunt: rare books are valuable training data precisely because they were never digitized and put online, so models haven't seen them yet, see details here.
Amazon started as a bookseller. Now it's destroying books nobody can replace, to feed the thing that replaced bookselling.
No PM lesson here, and forcing one would be dishonest. Just worth knowing where some of your training data pipeline's inputs actually come from.
What I'd actually do this week
- If your product runs on or integrates an AI coding agent, check whether it's Serena or built on it, and confirm you're past version 1.7.0.
- Pull your own AI feature's unit economics next to Anthropic's $65B number. If your pricing model assumes falling model costs will save your margin, stress-test that assumption against a vendor that's proving the opposite.
- If you have a GitHub OAuth integration, check whether it's using long-lived tokens and put the refresh-token migration on a near-term backlog.
Reply if you've been affected by the Serena hole, or if you think Anthropic's pricing power is a fluke, I'd like to hear it either way.
Tools mentioned
- Serena GitLab writeup
- Grok 4.6 in GitHub Copilot
- Gemini 3.7 Flash in GitHub Copilot
- GitHub OAuth token refresh