Anthropic surpasses OpenAI to become most valuable AI firm
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Anthropic has become the most valuable artificial intelligence startup in the world, surpassing OpenAI in market valuation.
Key facts
In March, OpenAI was valued at $852 billion following a record $122 billion funding round
Anthropic announced that it had raised $65 billion in a Series H funding round
The new valuation is nearly three times higher than the company’s February valuation, when Anthropic was estimated to be worth around $380 billion
The company reported that its annual revenue had grown to $47 billion
Summary
Anthropic announced that it had raised $65 billion in a Series H funding round. Following the deal, Anthropic officially overtook OpenAI in market valuation and became the largest AI company among Silicon Valley’s private startups. The new valuation is nearly three times higher than the company’s February valuation, when Anthropic was estimated to be worth around $380 billion. The main driver behind Anthropic’s growth is said to be the popularity of its Claude AI assistant and the Claude Code service, which is widely used by software developers.