Marina Lyubimova
Anthropic is moving quickly to raise what could become one of the largest private funding rounds in the AI sector. Investors were given just 48 hours to submit allocations, while the round itself is expected to total around $50 billion and could close within two weeks.
The targeted valuation stands at approximately $900 billion, though sources indicate it may exceed that level due to strong demand. This would represent a jump of more than 136% from Anthropic’s previous $380 billion valuation in February, highlighting the speed at which capital is flowing into AI.
The broader trend mirrors developments across the sector, where OpenAI’s $500B valuation surge reflected similar investor appetite and rapid repricing of leading AI firms.
Anthropic’s fundamentals are also scaling quickly. The company’s annual revenue run rate has surpassed $30 billion, with estimates closer to $40 billion. At a $900 billion valuation, that implies a revenue multiple of roughly 22.5x.
The raise is primarily aimed at scaling compute infrastructure and accelerating development of next-generation AI models, as competition intensifies with players like OpenAI and Google. Access to large amounts of capital is increasingly critical in AI, where training costs, data infrastructure, and enterprise deployment require tens of billions in investment.
The deal could position Anthropic ahead of OpenAI, which recently reached a valuation of about $852 billion. The broader implications align with trends outlined in OpenAI’s potential $1 trillion IPO, where investor demand continues pushing valuations toward unprecedented levels.
Marina Lyubimova
