Menlo Ventures investor says Anthropic's growth is unlike anything in 25 years

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Anthropic reached a $47 billion revenue run rate by May 2025, up sharply from $9 billion earlier that year. Menlo Ventures partner Matt Murphy, who led the firm's $500 million Series D investment in Anthropic, described the growth as unprecedented in his 25-year investing career. Murphy noted that not even the internet, mobile, or early cloud booms produced comparable trajectories. His comments highlight how Anthropic has rapidly evolved from a pre-revenue startup into one of the fastest-growing companies in the AI sector.

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