Anthropic , the parent company of Claude, raised $65 billion in a new investment round that values the company at $965 billion. With this investment, the artificial intelligence startup founded by former OpenAI employees is now worth more – on paper – than the creator of ChatGPT.
The move changes the symbolic scoreboard of the artificial intelligence race. In its latest funding round, announced in March, OpenAI was valued at US$852 billion. The valuation also places Anthropic in 16th position among the most valuable companies in the world .
The Anthropic funding round was led by Altimeter Capital, Dragoneer , Greenoaks, and Sequoia Capital. Other participating investors included Capital Group, Coatue, GIC, ICONIQ, Blackstone , Brookfield, Fidelity, General Catalyst, Jane Street, MGX, T. Rowe Price, and Temasek .
The new funding round comes amid strong revenue acceleration, which, according to Anthropic, jumped from US$14 billion to US$47 billion on an annualized basis between February and the beginning of May, after the adoption of Claude continued to grow among global corporate clients.
The leap is also significant in relation to Anthropic itself. In February, when it raised US$30 billion in a previous round, the company was valued at US$380 billion. In just over three months, therefore, the valuation has risen 154% and annualized revenue has more than tripled.
The funds will be used to advance security and interpretability research, expand computing capacity to meet demand for Claude, and scale products and partnerships. Anthropic also reported that the round includes $15 billion in investments already committed by major cloud infrastructure companies, including $5 billion from Amazon .
According to a Wall Street Journal report from late April, Alphabet had reached an agreement to invest up to $40 billion in the company. The company did not confirm Alphabet's participation in the fundraising announcement, but reported having closed infrastructure contracts with major technology companies in recent weeks.
One of these agreements was the deal reached with Google and Broadcom for the supply of 5 gigawatts of electrical power in data centers equipped with next-generation TPUs. Contracts were also signed with Amazon for up to 5 gigawatts of new capacity and with SpaceX for access to GPUs in the Colossus 1 and Colossus 2 data centers.
The company states that Claude is the first among the top-tier solutions available on the world's three largest cloud platforms: Amazon Web Services, Google Cloud, and Microsoft Azure. However, AWS remains its primary cloud provider and training partner.
