Details
- Anthropic announced a $65bn Series H funding round, making it the most valuable AI startup ahead of rival OpenAI.
- Anthropic is best known for Claude, a family of AI chatbots and workplace tools that compete with OpenAI’s ChatGPT. Its recent growth has been driven especially by Claude Code, an AI coding assistant that helps developers write and edit software from plain-language prompts.
- CNBC reported that the round valued Anthropic at $965bn, while The New York Times reported a $900bn pre-money valuation before the new capital.
- The round was led by Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital, with financing also including previously committed investments.
- CNBC said the financing includes $15bn in previously committed investments, including $5bn from Amazon.
- The latest round marks a sharp jump from Anthropic’s reported $380bn valuation earlier this year.
- Anthropic said demand for Claude Code helped lift its revenue run rate to $47bn, up from $30bn earlier this year and $10bn in annual revenue last year.
- The company also released Claude Opus 4.8, its latest flagship model, with stronger coding and mathematics performance.
- Strategic investors in the round include chipmakers such as Samsung, Micron and SK Hynix, which could help Anthropic expand the computing capacity needed for Claude.
What Else
The funding puts more pressure on OpenAI, which is prioritising its own coding product, Codex, as AI coding tools become a major battleground for enterprise customers. Anthropic, OpenAI and Musk-linked AI ventures are all moving toward possible public listings, making the latest valuation jump another sign of how aggressively investors are pricing future AI dominance.
