Anthropic raises $65bn, overtakes OpenAI to $965bn valuation
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Generative AI business Anthropic has raised $65 billion in Series H funding led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital.
Key facts
The round values Anthropic at $965 billion post-money, above OpenAI's $852bn valuation in March
It also includes $15 billion of previously committed investments from hyperscalers, including $5bn from Amazon
The company said that its run-rate revenue crossed $47 billion earlier this month, up from $9bn at the end of last year
Generative AI business Anthropic has raised $65 billion in Series H funding led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital
Summary
The round values Anthropic at $965 billion post-money, above OpenAI's $852bn valuation in March. The new round was co-led by Capital Group, Coatue, D1 Capital Partners, GIC, Iconiq, and XN. It also includes $15 billion of previously committed investments from hyperscalers, including $5bn from Amazon. Strategic infrastructure partners Micron, Samsung, and SK Hynix also invested.