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Anthropic hits $965B valuation with latest funding round, overtaking OpenAI

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Coverage of this event is largely uniform across the outlets, with most emphasizing the financial figures and the competitive dynamics between Anthropic and OpenAI. The Hill and several Google News aggregations highlight the valuation and…
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Anthropic hits $965B valuation with latest funding round, overtaking OpenAI
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The company announced the additional financing Thursday, with investment firms Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital leading the round. It marks a massive gain in value for Anthropic, which just three months ago raised $30 billion at a $380 billion valuation. The company leapfrogs OpenAI, whose latest funding round in February put the ChatGPT maker at $852 billion.

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Original publisherThe Hill
Canonical URLhttps://thehill.com/policy/technology/5900111-anthropic-valuation-openai-race/
Publication timeThu, 28 May 2026 20:14:06 +0000
Retrieval time2026-05-28T20:19:37.547Z
Last seen2026-05-28T20:19:39.152Z
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SummaryWeSearch · cerebras-chat (WeSearch summarizer)
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Cluster-YFDWm4TeQHF · 22 stories
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Publisher visitYes — open original
Substitutes article?No — link-out required for full text

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Opening excerpt (first ~120 words) tap to expand

Technology Anthropic hits $965B valuation with latest funding round, overtaking OpenAI Comments: by Julia Shapero - 05/28/26 4:14 PM ET Comments: Link copied by Julia Shapero - 05/28/26 4:14 PM ET Comments: Link copied NOW PLAYING Anthropic raked in $65 billion from investors at a $965 billion valuation in its latest funding round, overtaking OpenAI’s most recent valuation as the two AI startups race to go public. The company announced the additional financing Thursday, with investment firms Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital leading the round. It marks a massive gain in value for Anthropic, which just three months ago raised $30 billion at a $380 billion valuation.

Excerpt limited to ~120 words for fair-use compliance. The full article is at The Hill.

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