Anthropic said that it had raised $65 billion in financing that values it at $900 billion before the inclusion of the new capital
Anthropic has been on an inexorable rise over the past few months. It released a powerful AI model, Mythos, that it said was capable of finding flaws in software. And the company advised Pope Leo XIV on his papal encyclical delivered on Monday, in which he warned about safeguarding humanity from AI’s most disruptive effects.
On Thursday, Anthropic punctuated its ascent by officially passing OpenAI as the world’s most valuable AI startup. Anthropic said that it had raised $65 billion in financing that values it at $900 billion before the inclusion of the new capital, a deal that puts it ahead of OpenAI’s last valuation of $730 billion. The company also unveiled a new flagship AI model, Claude Opus 4.8, which is significantly better than its predecessor at generating computer code.
The new investment, which was led by investors including Greenoaks Capital, Sequoia Capital, Altimeter Capital and Dragoneer Investment Group, boosted Anthropic’s value to nearly 2½ times its previous valuation of $380 billion about three months ago. The round was co-led by Singapore sovereign wealth fund GIC, Capital Group, Coatue, D1 Capital Partners, Iconiq and XN. Significant investors included Temasek and Jane Street.
The funding underlined the company’s success in developing AI technology that excels in writing software code, which has turned into a robust business. Since Anthropic improved its AI coding technology in November, hundreds of businesses have signed up to pay for the software. The company said that its “revenue run rate”, which is its expected revenue for the year based on its current performance, crossed $47 billion this month.
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, said Krishna Rao, Anthropic’s chief financial officer.
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