📰 Anthropic Could Raise $50B at Valuation of Up to $900B
Anthropic, the maker of the Claude AI assistant, has received multiple preemptive offers to raise fresh capital of around $50 billion at a valuation in the $850 billion to $900 billion range, according to half a dozen sources familiar with the matter reported by TechCrunch.
The company announced this month that its annual revenue run rate has surpassed $30 billion — a dramatic increase from roughly $9 billion at the end of 2025. One source with knowledge of the company’s financials said the current run rate is closer to $40 billion.
Investor interest in Anthropic has reached a feverish pitch. One institutional investor prepared to commit as much as $5 billion has yet to secure a meeting with Anthropic CFO Krishna Rao, according to a source. The company is expected to make a definitive decision on the round and its valuation at a board meeting in May.
The round is expected to total $40 billion to $50 billion. If Anthropic proceeds at the terms described by sources, it will not only more than double its valuation from the $380 billion it secured in February, but also match or surpass that of its chief rival OpenAI, which closed a record-breaking $122 billion round at an $852 billion post-money valuation, also in February.
A large portion of Anthropic’s revenue is driven by its AI coding capabilities, specifically through its Claude Code and Cowork platforms. Many investors believe the company is only scratching the surface of its potential, given the massive opportunity to expand into new industries including finance, life sciences, and healthcare.
Anthropic declined to comment on the reports.
The funding frenzy comes on the heels of Google’s recent commitment to invest up to $40 billion in Anthropic in cash and compute, further cementing the company’s position in the AI infrastructure race. As the AI arms race intensifies, Anthropic’s latest funding round could reshape the competitive landscape of the global AI industry.
Source: TechCrunch, Bloomberg