Entertainment

Anthropic Raises $65 Billion in Series H Funding at $965 Billion Post-Money Valuation

Anthropic said it has raised $65 billion in Series H funding in a round led by Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital, valuing the artificial intelligence company at $965 billion post-money. The company said the new capital will be used to advance safety and interpretability research, expand compute infrastructure to meet rising demand for Claude, and scale products and partnerships used by enterprise customers and individuals around the world.

The funding comes as Anthropic says adoption of Claude continues to accelerate across global businesses, with the company reporting that its annualized run-rate revenue crossed $47 billion earlier this month. Anthropic said organizations across industries are increasingly using Claude in core operations, while a growing number of users rely on the chatbot and related tools for everyday work. The company said the latest financing follows its Series G round in February and reflects sustained momentum in enterprise adoption.

Anthropic said the round includes participation from Capital Group, Coatue, D1 Capital Partners, GIC, ICONIQ and XN, along with a broad list of other investors including AMP PBC, Baillie Gifford, Blackstone, Brookfield, D.E. Shaw Ventures, DST Global, Fidelity Management & Research Company, General Catalyst, Insight Partners, Jane Street, Lightspeed Venture Partners, MGX, NTTVC, NX1 Capital, Situational Awareness LP, T. Rowe Price and Temasek. The financing also includes $15 billion in previously committed investments from hyperscalers, including $5 billion from Amazon.

The company said strategic infrastructure partners Micron, Samsung and SK hynix are also part of the broader effort, noting that their technologies are important to global supply chains for memory, storage and logic chips. Anthropic said those relationships will support its ability to scale compute capacity as demand for Claude grows.

In recent weeks, Anthropic said it has expanded compute capacity through major agreements with several technology companies. It said it signed an agreement with Amazon for up to five gigawatts of new capacity, with Google and Broadcom for five gigawatts of next-generation TPU capacity, and with SpaceX for access to GPU capacity in Colossus 1 and Colossus 2. The company also said Claude is now the first frontier model available on all three of the world’s largest cloud platforms: Amazon Web Services, Google Cloud and Microsoft Azure. AWS remains Anthropic’s primary cloud provider and training partner.

Anthropic’s chief financial officer, Krishna Rao, said the funding will help the company meet “historic demand,” continue research at the frontier of AI, and bring Claude into more workplace settings. Investors backing the round said Anthropic’s technology, customer adoption and research progress position it for continued growth as enterprise AI use expands. Altimeter Capital’s Brad Gerstner, Dragoneer’s Marc Stad, Greenoaks’ Neil Mehta and Sequoia’s Alfred Lin each highlighted Anthropic’s commercial momentum, technical progress and role in shaping how businesses use artificial intelligence.

Anthropic said it is grateful for the support of investors and partners as it continues building Claude for people and organizations worldwide.

Harish Yadav

Editor at PPC Herald, handles news and article writing and proofreading.

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