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Anthropic Acquires Bun as Claude Code Hits $1 Billion Mark Ahead of Reported IPO Plans
Anthropic Acquires Bun as Claude Code Hits $1 Billion Mark Ahead of Reported IPO Plans
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Anthropic Acquires Bun as Claude Code Hits $1 Billion Mark Ahead of Reported IPO Plans

Will Anthropic join OpenAI in the IPO race?

Published Updated

Key takeaways

  • Anthropic's Claude Code achieves $1 billion run-rate revenue within six months of its public release.
  • Anthropic acquires Bun, enhancing AI-led software engineering with a new open-source toolkit.
  • Bun's toolkit improves JavaScript/TypeScript development, promising faster performance and improved stability for users.
  • Anthropic is reportedly preparing for an IPO that could value the company over $300 billion.
5 min

Anthropic announced on Wednesday that Claude Code’s run-rate revenue now stands at $1 billion. The company has achieved the milestone in six months since it was made publicly available. 

“Claude Code has grown from its origins as an internal engineering experiment into a critical tool for many of the world’s category-leading enterprises, including Netflix, Spotify, KPMG, L’Oreal, and Salesforce,” the company said in the announcement. 

In addition, Anthropic announced that it is acquiring the startup Bun, which provides an open-source toolkit to simplify and accelerate full-stack JavaScript/TypeScript development. 

The company calls Bun’s toolkit an ‘essential infrastructure’ for AI-led software engineering, as it combines a runtime, package manager, bundler and test runner. 

“Bun has improved the JavaScript and TypeScript developer experience by optimising for reliability, speed, and delight. For those using Claude Code, this acquisition means faster performance, improved stability, and new capabilities,” the company said.

Bun, which gets more than 7 million monthly downloads and has earned 82,000 stars on GitHub, will continue to remain open-source and MIT-licensed. Anthropic did not reveal any financial details of the acquisition. 

At the same time, a report from Financial Times stated that Anthropic is working on its initial public offering, which would value the company at more than $300 billion. The report added that the company will work with the law firm Wilson Sonsini, which has advised Anthropic since 2022, and has worked with other high-profile tech IPOs such as Google, LinkedIn, and Lyft. 

However, an Anthropic spokesperson told the media outlet that it is a ‘standard practice’ for companies at such a scale to operate as a ‘publicly traded company’, but the company has not yet decided whether to go public. 

The developments have occurred as OpenAI is reportedly planning to go public, even as CFO Sarah Friar publicly denied them.

Last month, CNBC reported that Microsoft will invest up to $5 billion, and NVIDIA up to $10 billion in Anthropic, which would value the company at $350 billion.

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