Anthropic raises $65 Billion, nears $1T valuation ahead of IPO
Anthropic has raised $65 billion in its latest funding round, achieving a post-money valuation of $965 billion. This funding is expected to support the company's growth and development of its AI models, particularly Claude. The startup is preparing for its IPO while competing closely with OpenAI in the AI market.
- ▪The Series H funding round was co-led by several prominent investment firms including Altimeter Capital and Sequoia Capital.
- ▪Anthropic plans to use the new funds to enhance safety research and expand its product offerings.
- ▪The company has reported a run rate revenue of $47 billion and anticipates a 130% revenue increase.
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Anthropic has snagged $65 billion in funding at a $965 billion post-money valuation in its latest funding round, marking what could be the AI startup’s last private fundraising before debuting on the public markets. The Series H round was co-led by Altimeter Capital, Dragoneer, Greenoaks, Sequoia Capital, Capital Group, Coatue, D1 Capital Partners and others. Institutional investors including Baillie Gifford, Blackstone, Brookfield, D.E. Shaw Ventures, DST Global, and Fidelity Management & Research participated in the round. Strategic infrastructure partners, including Samsung, SK Hynix, and Micron, also joined the round. A portion of the round — $15 billion — is also made up of previously committed investments from hyperscalers, including $5 billion from Amazon announced in April.
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