Home / Business and Economy / Anthropic Secures $65B, Surpasses OpenAI Valuation
Anthropic Secures $65B, Surpasses OpenAI Valuation
29 May
Summary
- Anthropic raised $65 billion, reaching a $965 billion valuation.
- This funding round places Anthropic ahead of rival OpenAI's valuation.
- The company's revenue run-rate has surpassed $47 billion recently.
Anthropic announced a substantial funding achievement on Thursday, raising $65 billion. This Series H round values the artificial intelligence company at $965 billion post-money. This new valuation now places Anthropic ahead of its competitor, OpenAI, which was last valued at $852 billion in March.
The company reported significant growth, stating that its adoption by global enterprise customers has continued to increase since its Series G funding in February. Anthropic's run-rate revenue recently surpassed $47 billion earlier this month. This latest funding round was spearheaded by major investors including Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital.
A notable component of this round includes $15 billion from committed hyperscaler investments. Among these is a $5 billion contribution from Amazon, building on its April commitment to invest up to $25 billion in Anthropic. The AI startup has also committed to spending over $100 billion on Amazon's cloud technologies within the next decade, in addition to Amazon's prior $8 billion investment.
