Anthropic expected to tell investors it sees over $30 trillion in potential revenue, WSJ reports

Aug 25 : Anthropic is likely to tell investors that it sees its total addressable market (TAM) exceeding $30 trillion, ahead of the $28.5 trillion estimate from SpaceX, the Wall Street Journal reported on Tuesday.TAM is the annual revenue opportunity available if a product or service achieved 100 per cent market share in its relevant market.Here are a few details:• To quantify its TAM, Anthropic is looking at the full scope of work that could be completed with AI models, WSJ said. • Anthropic did not immediately respond to a Reuters request for comment.• A large TAM would justify Anthropic's valuation and heavy infrastructure spending, guide product priorities, frame its rivalry with OpenAI and Google, and anchor the growth story behind its planned IPO.• SpaceX, in its May IPO filing, said