Claude Is Eating the World

Series H funding values Anthropic at nearly $1 trillion

Anthropic announced yet another round of funding, this one Series H. It values the company now at nearly $1 trillion.

@cnbc

Anthropic is now the most valuable artificial intelligence company in Silicon Valley. The AI giant announced a $65 billion Series H financing at a $965 billion valuation on Thursday, putting its value above rival AI lab OpenAI. Kate Rooney has the details. Read full report at the #linkinbio or the link on screen. #CNBC #anthropic #openai

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A torrid run.

@bloombergbusiness

#Anthropic raised $65 billion in a funding round that valued the #AI company at $965 billion including the new investment, eclipsing rival OpenAI’s value for the first time.

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From the press release:

“Anthropic has raised $65 billion in Series H funding led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital, valuing the company at $965 billion post-money.

Global enterprises across industries are deploying Claude in their core operations, and a growing number of people around the world use it for their everyday work. Since our Series G in February, adoption has continued to grow across global enterprise customers, and our run-rate revenue crossed $47 billion earlier this month. This latest funding is expected to advance our safety and interpretability research, expand compute to meet growing demand for Claude, and scale the products and partnerships our customers rely on.

“Claude is increasingly indispensable to our growing global community of customers, and we work tirelessly to make tools like Claude Code and Cowork more helpful, more powerful, and more adaptable to their needs,” said Krishna Rao, Chief Financial Officer of Anthropic. “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.”

“The round was co-led by Capital Group, Coatue, D1 Capital Partners, GIC, ICONIQ, and XN. Significant investors in this round include AMP PBC, Baillie Gifford, Blackstone, Brookfield, D.E. Shaw Ventures, DST Global, Fidelity Management & Research Company, General Catalyst, Insight Partners, Jane Street, Lightspeed Venture Partners, MGX, NTTVC, NX1 Capital, Situational Awareness LP, T. Rowe Price Associates, Inc., T. Rowe Price Investment Management, Inc., and Temasek. It also includes $15 billion of previously committed investments from hyperscalers, including $5 billion from Amazon.

“Joining them are strategic infrastructure partners—Micron, Samsung, and SK hynix—whose technologies play a critical role in the world’s supply of memory, storage, and logic chips. As demand for Claude continues to grow, these relationships will help us scale our compute reliably at the pace our customers need.”

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