tech
Anthropic raises $65 billion, nears $1T valuation ahead of IPO
Anthropic has closed a $65 billion Series H round at a $965 billion post-money valuation, marking what could be the AI startup's final private fundraise before a highly anticipated IPO.
TL;DR
- Anthropic raised $65 billion in its Series H funding round at a $965 billion post-money valuation.
- This round was co-led by Altimeter Capital, Dragoneer, Greenoaks, Sequoia Capital, Capital Group, Coatue, and D1 Capital Partners.
- Institutional investors like Baillie Gifford, Blackstone, and Fidelity also participated.
- Strategic partners including Samsung, SK Hynix, and Micron joined the round.
- A portion of the funding ($15 billion) consists of previously committed investments from hyperscalers, including $5 billion from Amazon.
- The funds will be used for safety and interpretability research, expanding compute for Claude, and scaling products.
- Anthropic released its new Claude Opus 4.8 model with enhanced capabilities in agentic tasks and coding.
- The company reported a run rate revenue crossing $47 billion and expects a 130% revenue surge.
- Anthropic is in competition with OpenAI for fundraising and user growth ahead of their respective IPOs.