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Anthropic Nears $1 Trillion Valuation, Topping OpenAI After Fresh $65 Billion Raise
Anthropic said Thursday it raised $65 billion in a Series H funding round, valuing the company at $965 billion post-money and underscoring the escalating cost of building and operating frontier AI models. The round was led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital, alongside investors including Blackstone, Fidelity, Lightspeed Venture Partners, and Temasek. “Earlier this month, our run-rate revenue crossed $47 billion,” Anthropic wrote on X. “This growth has been driven by organizations across many industries deploying Claude in their core operations, and by a growing number of people ... (full story)