Anthropic's rapid growth benefits this "Big Seven" stock

Investing.com - U.S. bank analysts say that the rapid growth of AI startup Anthropic could enhance Amazon’s investment value as demand for AI services accelerates.

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U.S. banks, citing Bloomberg, report that Anthropic’s annualized revenue run rate (ARR) has surged significantly in recent months, exceeding $19 billion, up from $17 billion year-over-year, and surpassing the $10 billion target for the end of 2025. This growth appears to be mainly driven by increased enterprise and consumer demand for Anthropic’s AI models and its AI development tool, Claude Code.

“Anthropic’s launch of the advanced model Opus 4.6 in early February may have contributed to this adoption rate. The company states that this model can maintain proxy tasks for longer periods, operate more reliably within larger codebases, and better review and debug code,” said analyst Justin Post.

Consumer adoption is also accelerating. Anthropic reports that active users of Claude have increased by over 60%, and daily registrations have tripled since January.

“Importantly, Anthropic’s growth does not seem to negatively impact competitors, as OpenAI recently raised its mid-term revenue expectations,” Post added.

The analyst believes this rapid expansion could significantly impact Amazon Web Services (AWS), which provides infrastructure for many AI workloads. Anthropic’s ARR grew from about $9 billion in December to $19 billion in March, a remarkable $10 billion increase in just over two months.

“This could mean a quarter-over-quarter revenue increase of more than $2.5 billion,” Post said. “If most of Anthropic’s workloads run on AWS… we believe AWS-related revenue for the first quarter could see a potential quarter-over-quarter growth of up to $1 billion,” he continued.

This would surpass the bank’s estimate of approximately $900 million in total AWS quarterly revenue growth during that period.

U.S. banks also cite recent reports that Anthropic expects to increase payments to hyperscale cloud providers through revenue-sharing agreements related to its Claude model distribution. The company may pay up to $6.4 billion to hyperscale cloud providers in 2026, compared to $1.9 billion in 2025.

“Given recent demand, we expect this estimate to increase further,” Post said.

The analyst also noted that the surge in AI demand could support broader growth for AWS. Amazon plans to double AWS’s power capacity by 2027, and Post believes that stronger usage trends could directly translate into faster revenue expansion.

“We still believe AWS can monetize additional capacity at a rate above market expectations,” the analyst stated, reaffirming a buy rating on Amazon stock.

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