Anthropic Raises 65 B i l l i o n , N e a r s 65Billion,Nears1 Trillion Valuation Ahead of Planned

anthropic SECures $65BillioninSeriesHFunding,Reaches$965 billion valuation as IPO Looms

Anthropic has rAIsed $65billioninitslatestfundingroundatapost-moneyvaluationof$965 billion, positioning the Artificial Intelligence startup for what is expected to be its final private capital raise before going public.

The Series H round was co-led by a group of prominent investors, including Altimeter Capital, DRAGoneer, Greenoaks, Sequoia Capital, Capital Group, Coatue, and D1 Capital Partners. Additional institutional participation came from Baillie Gifford, Blackstone, Brookfield, D.E. Shaw Ventures, DST Global, and Fidelity Management & Research.

strategic infrastructure partners such as Samsung, SK Hynix, and Micron also joined the round. Of the total $65billion,$15 billion consists of previously committed Investments from hyperscalers, including a $5 billion contribution from Amazon announced in April.

TechCrunch reported last month that Anthropic was nearing the close of a $50billionround,withstrongdemandfrominvestorsseekingaplaceonthecaptable\mathrm{.}Oneinstitutionalinvestorreportedlypledgedupto$5 billion solely to secure a meeting with Anthropic CFO Krishna Rao.

The company plans to use the new capital to advance its safety and Interpretability research, expand computing capacity to meet growing demand for its claude AI assistant, and scale the products and partnerships that enterprise customers rely on.

The funding announcement coincides with the release of Anthropic’s new Claude Opus 4.8 model, which features enhanced capabilities in Agentic tasks, advanced coding, and a stronger focus on honesty and self-correction. The startup is also reportedly preparing for a wider launch of models comparable to its powerful cybersecurity AI, Mythos, which has so far seen only limited release due to potential safety concerns.

Anthropic has experienced accelerated growth since its previous funding round, particularly among enterprise customers using Claude Code. The company’s run-rate revenue surpassed $47 billion earlier this month. According to The Wall Street Journal, Anthropic expects a 130% revenue surge that would bring the company to its first operating profit.

“Claude’s latest advancements have driven large-scale adoption among the world’s most demanding organizations. This momentum positions Anthropic to lead the next phase of AI innovation and capture the enormous opportunity ahead,” said Brad Gerstner, founder and CEO of Altimeter Capital.

Anthropic remains in fierce competition with OpenAI for funding and user growth ahead of their respective initial public offerings. openai last raised a $122billionroundinMarchatan$852 billion post-money Valuation.

Meanwhile, Elon Musk’s SpaceX — which merged with xAI earlier this year — is targeting a $2trillionvaluationinitsupcomingIPOandseekingtoraisemorethan$75 billion.