
Anthropic tops OpenAI with a $965B valuation after $65B funding round
Anthropic raised $65 billion in a Series H at a post-money valuation of $965 billion, placing it ahead of OpenAI’s $852 billion valuation and fueling plans to expand Claude’s computing capacity and scale products, with a potential public listing later this year. The round drew heavyweights like Altimeter Capital, Dragoneer, Greenoaks, Sequoia (with Coatue and ICONIQ as co-leads) and includes major participation from hyperscalers such as Amazon, while Anthropic’s run-rate revenue has surpassed $47 billion, underscoring furious investor demand in the AI frontier.
