Source Credit : Portfolio Prints
Anthropic has become the most valuable artificial intelligence company in Silicon Valley after announcing a massive $65 billion Series H funding round that values the company at $965 billion.
The new valuation surpasses that of rival AI powerhouse OpenAI and marks one of the largest private funding rounds in technology history.
The financing round, announced Thursday, was led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital. It nearly triples Anthropic’s valuation from February, when the company was valued at $380 billion. The round also includes $15 billion in previously committed investments, including $5 billion from Amazon.
CNBC had previously reported in April that Anthropic was in discussions to raise fresh capital.
Anthropic’s meteoric rise has been fueled largely by the explosive adoption of its AI coding platform, Claude Code, which has rapidly become one of the most widely used developer AI tools in the industry.
The company disclosed a staggering $47 billion annualized revenue run rate on Thursday, up sharply from a $30 billion run rate earlier this year and nearly five times the $10 billion in annual revenue it generated last year.
Earlier Thursday, Anthropic unveiled Claude Opus 4.8, the latest version of its flagship AI model. The company has also attracted significant attention on Wall Street with Claude Mythos Preview, an advanced cybersecurity-focused AI system currently available only to a select group of enterprise customers.
“Claude is increasingly indispensable to our growing global community of customers, and we work tirelessly to make tools like Claude Code and Cowork more helpful, more powerful, and more adaptable to their needs,” Anthropic Chief Financial Officer Krishna Rao said in the company’s press release.
“This funding will help us serve the historic demand we are experiencing, stay at the research frontier, and bring Claude to more of the places where work happens.”
Anthropic’s latest fundraising milestone comes as the biggest players in artificial intelligence race toward public markets.
Elon Musk’s SpaceX, parent company of his AI startup SpaceXAI, filed IPO paperwork with the Securities and Exchange Commission last week. Following the merger of SpaceX and SpaceXAI in February, the combined company was valued at approximately $1.25 trillion.
Meanwhile, OpenAI is reportedly preparing to confidentially file for its own IPO in the coming weeks. CNBC reported that the Sam Altman-led company could pursue a public listing as early as September, according to a source familiar with the matter.
Anthropic is also quietly preparing for an eventual IPO, according to previous CNBC reporting, though the timeline remains uncertain.
The race to dominate artificial intelligence is no longer just about models and innovation — it is rapidly becoming a battle over scale, infrastructure, and access to capital. With nearly a trillion-dollar valuation, Anthropic has now positioned itself at the very center of that global competition.
