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Anthropic Nears $1 trillion Valuation And Leapfrogs OpenAI On Unicorn Board With $65 billion Funding Round
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Generative AI company Anthropic announced on Thursday that it has raised $65 billion in a Series H funding round, more than doubling its post-money valuation to a staggering $965 billion.
Key facts
- In February, OpenAI announced it had closed a $110 billion round at an $840 billion post-money valuation
- Anthropic’s massive round comes over three months after the startup raised $30 billion in a Series G that valued it at $380 billion post-money
- Generative AI company Anthropic announced on Thursday that it has raised $65 billion in a Series H funding round, more than doubling its post-money valuation to a staggering $965 billion
- The financing also included $15 billion of previously committed investments from hyperscalers, including $5 billion from Amazon, which, interestingly, also participated in OpenAI’s most recent round
Summary
That means the San Francisco-based startup has now surpassed its closest rival, OpenAI, in terms of valuation. Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital led Anthropic’s latest raise. Anthropic’s massive round comes over three months after the startup raised $30 billion in a Series G that valued it at $380 billion post-money. Since that round, Anthropic says it has grown its enterprise customer base.