Anthropic seeks $900B+ valuation in funding round closing within 2 weeks
Original: Sources: Anthropic potential $900B+ valuation round could happen within 2 weeks
Why This Matters
Anthropic's $900B valuation would surpass OpenAI, reshaping AI industry competitive landscape
Anthropic is asking investors to submit allocations within 48 hours for approximately $50 billion funding round targeting $900 billion valuation. Sources say round could close within two weeks, potentially exceeding target due to high investor demand.
Anthropic has given investors 48 hours to submit allocations for its latest funding round, targeting approximately $50 billion at a $900 billion valuation. Sources indicate the round could close within two weeks and may exceed the target valuation due to intense investor demand. The company's annual revenue run rate has surpassed $30 billion publicly, though sources suggest it's closer to $40 billion. Some early backers from 2024 or earlier are skipping this round, waiting for the anticipated IPO later this year. Anthropic raised its last round in February at $380 billion valuation. At $900 billion, it would more than double its valuation and surpass rival OpenAI, which closed at $852 billion post-money valuation earlier this year.