The artificial intelligence startup Anthropic, owner of the chatbot Claude, plans to raise US$10 billion in a funding round led by Singapore's sovereign wealth fund (GIC) – which, in Brazil, is a minority shareholder in Cimed – and Coatue Management.
With this, the company's goal is to reach a market value of approximately US$350 billion, nearly doubling the valuation that had been recorded in September, of US$183 billion.
This funding round, which adds to three major deals completed in 2025, followed an investment volume of US$13 billion four months ago.
The new investment will add to the approximately US$15 billion that Nvidia and Microsoft plan to invest in OpenAI's competitor, according to sources consulted by the Wall Street Journal .
As part of this negotiation, Anthropic stated that it would secure the purchase of $30 billion in computing capacity from Microsoft Azure, Microsoft's cloud platform that runs Nvidia's AI chips.
The new funding round kicks off what will likely be another exceptional year for AI startup funding. By 2025, AI companies have raised a record $222 billion, more than double the levels of 2024, according to the latest data from research firm PitchBook.
Market forecasts predict that 2026 will be a big year for initial public offerings (IPOs), following a period of significant drought in the sector. Anthropic is expected to go public later this year, as is Elon Musk's SpaceX.
The expectation is that Anthropic's IPO will be one of the largest in the history of the world's leading technology companies. To that end, the company has already hired the Wilson Sonsini law firm to begin informal discussions with banks regarding a stock market listing.
The firm is one of the most established in the world of technology companies and capital markets in the United States. The group has advised on offerings for Google, LinkedIn, and Lyft, among others.
Since 2022, the law firm Wilson Sonsini has provided legal assistance to Anthropic, including participation in Amazon's investments in 2023 and 2024.
Founded in 2021 by Dario Amodei, a former Google researcher and former OpenAI employee, and his sister, Daniela Amodei, Anthropic is known for Claude, a tool that has become popular among corporate users due to its robustness in programming and other areas.
Over the years, Anthropic has raised tens of billions of dollars from investors such as Lightspeed Venture Partners, Fidelity Management & Research, and Iconiq Capital.
The company projects to nearly triple its annualized revenue, to approximately US$26 billion, by 2026. Today, the startup has over 300,000 corporate clients in its portfolio.
Anthropic expects to reach breakeven for the first time in 2028, which puts it on track to achieve profitability faster than OpenAI, according to the WSJ.
The company led by Sam Altman predicts that its operating losses will increase to approximately US$74 billion in 2028 — or roughly three-quarters of its revenue — due to the exorbitant rise in computing costs. The creator of ChatGPT also expects to consume about 14 times more cash than Anthropic before turning a profit, projected for 2030.
In any case, the developer of ChatGPT is also in negotiations to raise additional funds. OpenAI aims to raise up to US$100 billion, reaching a valuation of US$750 billion before the new investment.
