Anthropic raises $65B, nears trillion-dollar valuation

Anthropic closed a $65 billion Series H funding round valuing the company at $965 billion post-money, bringing it near the trillion-dollar threshold. The round was led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital, with co-leads including Capital Group, Coatue, D1 Capital Partners, GIC, ICONIQ, and XN. Run-rate revenue crossed $47 billion, up from $30 billion run-rate revenue in February during the Series G round at a $380 billion valuation. The funding supports compute expansion, safety research, and scaling Claude products globally. The deal includes $15 billion of previously committed investments from hyperscalers, including $5 billion from Amazon, plus infrastructure partners Micron, Samsung, and SK hynix. Anthropic also secured agreements for additional compute capacity with Amazon, Google, Broadcom, and SpaceX.

"Anthropic has closed a $65 billion Series H funding round, valuing the company at $965 billion post-money. The round was led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital. Run-rate revenue has already crossed $47 billion. The funding will support compute expansion, safety research, and scaling Claude products globally."

"The round was led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital, and co-led by Capital Group, Coatue, D1 Capital Partners, GIC, ICONIQ, and XN. It also includes $15 billion of previously committed investments from hyperscalers, among them $5 billion from Amazon. Strategic infrastructure partners Micron, Samsung, and SK hynix are also part of the deal, providing memory and chip capacity as Claude demand grows."

"Revenue growth backs up the ambition. Run-rate revenue crossed $47 billion this month alone, a steep climb since Anthropic's Series G round of $30 billion in February at a $380 billion valuation. Last week, Anthropic was reported to be approaching profitability with expected Q2 revenue of $10.9 billion."

""This funding will help us serve the historic demand we are experiencing, stay at the research frontier, and bring Claude to more of the places where work happens," said Krishna Rao, CFO of Anthropic. Compute capacity scales up fast The company has moved quickly on infrastructure, too."

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