All right, everyone. Thank you for joining us again. And I am so excited for this conversation with Dario and Daniela. Let's give them a round. WOO. It is a delight to have you here at Code with Cloud. We've been having a great day of sessions, demos, customer sessions, all sorts of fun stuff. But I wanted to ask you maybe just a little bit zooming out. We talked a lot about the exponential in some of our conversations this morning and what it feels like to be on the exponential. And so, as people who are definitely on the exponential, we've talked a lot about growth and what it feels like. What does it feel like for you all?
Well, first of all, it's great to be here. Thank you so much for having us. You know, at Anthropic, we have this little Slack emoji of the roller coaster. You guys know the one I'm talking about. But it's like an inflected roller coaster. So, it's almost like it's going straight up. And I think of me and Dario as riding at the front and the back of that roller coaster. I don't know if you all have ever maybe not recently been on a roller coaster. I'm not always sure which one of us is in the front and which one of us is in the back, but you get a different type of whiplash depending on which side you're on. And I think that's probably the best encapsulation of what it has felt like. It's like we're having a lot of fun. There's a ton of adrenaline. We're not totally sure that the operator of the roller coaster isn't like a 15-year-old who's doing a summer job of questionable soundness of mind. But it's been great. It's fun. It's an adventure. There's a lot going on.
Yeah. You know, the way I always think about the exponential is, you know, it was me and the other co-founders who kind of, you know, first predicted it through the scaling laws, you know, over 10 years ago. And you know, we wrote down these lines on graphs that say like, well, first we're going to spend a thousand dollars on AI and then 10,000 and then a hundred. You know, it's going to go all the way to hundreds of billions and you know, the model is going to be this good at this task and this good at this other task and that good at coding. And it is a remarkable experience to write down these lines on graphs and have the predictions come true. So, in that sense, they are not surprising at all. And yet, the actual experience of seeing what it's like is just so crazy that you're shocked anyway, even though what you wrote down on the graph is exactly what happened. I'm always reminded of like, you know, there's this famous scene in the movie Interstellar where they go to this planet that's very close to a black hole and so, you know, the planet has these waves that are like 2,000 ft high. And you know, I was a physicist. I know the math of general relativity, how much things can be sheared, but actually seeing it on human scale, like there's something deeply, you know, it's kind of deeply strange and unsettling about seeing it actually happen. And you know, that's what it felt like every year at Anthropic. And I feel like this is the first year where like the rest of the world is seeing it with us because we're so much in the spotlight. You know, it applies to the internal growth of the company. It applies to our own work within the company where it's the first time we've seen the number of internal PRs inflect upwards due to the work that Claude is doing. And we've seen it externally because actually this is the first year we've grown faster than the exponential. So, you know, we tried to plan very well for a world of 10x growth per year. In the first quarter of this year, we saw, if you were to annualize it, 80x growth per year in revenue and usage. And so that is the reason we have had difficulties with compute, right? We've planned for anything from it only grows a little to it grows 10x and yet we saw 80x. And so you know, as you saw today with the SpaceX compute deal, we're working as quickly as possible to provide more compute than we have in the past. We'll continue to do so. We'll pass that compute on to you as soon as we can do so. I guess I hope the 80x growth doesn't continue because that's just crazy and it's too hard to handle. I hope for some more normal numbers. A mere 10x. But we will manage it absolutely as best we can and you know, we're every day trying to obtain even more compute that we can pass on to you. We're sorry if sometimes it takes some time but we're going to keep going to acquire as much as we can.
Awesome. Yes. Yay for compute rate limits. You know, this is an audience of developers and builders. And that's really what today is about is about how we're making our platform better because developers help us close the gap between what the models can do and what they're actually doing for real people out there. And you know both of you talk a lot internally about the importance of developers and builders. Maybe Daniela I'd love to start with you like how do you think about supporting this ecosystem, supporting this community?
Yeah, I mean I'll start out by saying I think in many ways developers are the most important users of Claude. I think for a variety of reasons. You know, one is Anthropic ourselves are majority developers, right? If you think about how we develop this technology, what we're building, we learn so much from the developer community. It's like the best partnership because it's first of all a group that gives honest feedback, right? And so I think that is actually really hard to get. You know what I mean? It's like you build a product and you're like, I see some numbers like those are nice, but the genuineness with which the developer community engages with us is something that is so special. We have tried, you know, really from day one I think Anthropic has always primarily built for developers, for businesses. I think we're a little bit unique in the AI ecosystem, you know, for that reason. And I think we have been very fortunate to be able to benefit from the feedback, from the engagement, from the community development. You know, developers are, in my experience, they're very ecosystem and community oriented, which I think we are too, right? We're like, how do we build for this sort of broader ecosystem of people who are developing, by the way, some of the most inspiring transformative technologies and building the most incredible companies in the entire world. Right, there's been this renaissance of things in medicine and software development and financial services. I mean, it's like you pick the industry and there is an incredible developer or an incredible developer-based company that is transforming that industry, often leveraging our tools sometimes. And I think that's such a special, that's both a privilege and a responsibility that I think Anthropic holds to say, you know, developers are really the backbone of how we learn, how we build better tools for all of you. And I think that's a really special relationship that we feel pride in and also a responsibility towards.
Yeah. I mean, and this is an example of the developer community. I think part of what Daniela is saying is feedback is a gift. We hear the positive. We also hear the negative. Please keep it coming. It is part of how we know what's working and what isn't. And so, we really value and I'm sure as you're talking to people around, we really value all of that. And it helps us know what to do better. Sorry, Dario, back to you.
Yeah. You know, one thing I would say is the technology doesn't diffuse at kind of an even pace across the economy, right? And I think there's a spectrum where the software engineers are the ones who are fastest to adopt new technology. That's why there's so much focus on this area and it's the beginning of it but it's like it's a foreshadowing of how things are going to work across the economy and how the economy is going to be transformed by AI. So I think, you know, getting this right and really making it work for this community, it's kind of like a microcosm of how we have to make it work across the world. And I think one thing that, you know, a dynamic we should watch, it was about roughly a year ago there was an event like this where Mike Krieger asked me, you know, when will there be the first billion-dollar company with one person? And I said 2026. And I think we're actually on track to achieve it. It hasn't quite happened yet. There's been two-person companies that are $1 billion built with AI. There's been one person that's worth several hundred million dollars. So but like, you know, we got seven more months. So it's kind of, it's eternity on the exponential. But what I'm trying to say with this though is that there's an enormous ability for one person or a tiny set of people to do a set of things that are incredible, right? Where, you know, before if you just had an idea and you had a vision, like there's so many resources you'd have to accumulate over several years in order to make that vision happen. And I think there's a very unique opportunity for single individuals or very tiny teams to do things that are incredible, right? Where I think we've moved from the models are writing code to the models are helping us think of software engineering as a task to the models are helping us think of like how can I build a business or an economic unit as a task. And so there's an extraordinary amount of opportunity for people in this room to take advantage of that.
Yeah, it really feels like it's kind of removing barriers. You know, there were all these barriers to creating that kind of value in the world and now I mean I guess the gauntlet has been thrown. We've got an eight-month timer. And I'm excited to see what comes of it. I would love to maybe hear what's going to change for developers. So Dario, you talked a little bit about what they can do now and you've talked, you know, in the past about how you expect Claude to build more with Claude. Can you just talk about how you expect things to move?
Yeah, I mean I think there's several like maybe trends. One is going from single agents to kind of multiple agents. So the idea that, you know, you have a bunch of these Claudes, it's like managing a team, right? You have a bunch of Claudes running and you kind of farm a bunch of things out to your Claudes and maybe some of the Claudes farm things out to other Claudes with different, so you have a kind of whole hierarchy. Or we're gradually making our way to like the country of geniuses in a data center. You know, we're starting with like a team of smart people in a room or something working our way up in the country. So I think that's one trend that we're kind of already starting to, and we're already offering tools that can help do that. I think a trend that's related to that is like, you know, what we've done so far with Claude Code is like it helps kind of individuals to be more productive but I think increasingly we're going to start thinking at the level of whole teams and organizations and how can you make whole teams and whole organizations more productive in a way that is kind of more than just the sum of its parts. And then finally, you know, I think in this area, as with everywhere else, if you want to think about what's next when something's working really well, you should always think about Amdahl's law, which is you speed one thing up, what are the things you're not speeding up? And so I think there are a bunch of things like security, like verification, like just if you're living in a world where you can within an organization write three or four times as many PRs as you could previously, you start to understand there are all these other things that are holding you back or that will go wrong if you speed up just that and not everything else. And so working to speed up those other things so that we can greatly increase people's productivity, but we can do it smoothly and productively and reliably. I think that's going to be very important.
Does that have any impact on how you think about training new models or, you know, what the future of models looks like?
