Anthropic to Raise Tens of Billions of Dollars, Valuation Could Approach Nearly $1 Trillion, Surpassing OpenAI

Odaily reported, according to the Financial Times, Anthropic is considering raising tens of billions of dollars this summer to fund a massive expansion of computing power, a move that would propel its valuation to nearly $1 trillion, surpassing rival OpenAI.

Five people familiar with the matter said the developer of Claude was valued at $380 billion this February, and as its revenue continues to grow, it has attracted interest from investors such as Dragoneer, General Catalyst, and Lightspeed Venture Partners. These people expect Anthropic's annualized revenue (projected from recent weeks' data) to soon exceed $45 billion — a fivefold increase from $9 billion at the end of last year. Three of them said the new funding round is expected to value Anthropic at a pre-money valuation of approximately $900 billion, with a fundraising amount of up to $50 billion. They added that the round is likely to close within two months.

After OpenAI completed a record $122 billion funding round in March, its post-money valuation was $852 billion.