Anthropic raises $65B at $965B — overtakes OpenAI as world's most-valued AI startup
TL;DR
Anthropic closes a $65B H-round at a $965B post-money — overtaking OpenAI as the highest-valued AI startup. ARR hit $47B this month. Likely the last private round before IPO.
Today's announcement, today's event. Anthropic closed its H-round on May 28 — $65B raised, $965B post-money valuation, lead investors Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital. The valuation surpasses competitor OpenAI, making Anthropic the highest-valued AI startup globally. Equivalent to Switzerland's GDP, higher than all US airlines' combined market cap, exceeding the full-year US defense budget.
How fast. The previous round (G) closed three months ago at $38B. Now nearly 3×. Anthropic's annualized revenue this month crossed $47B.
Who's in. Co-leads include Capital Group, Coatue, D1 Capital Partners, GIC, ICONIQ, XN. Plus $15B in standing commitments from hyperscaler partners, including $5B from Amazon. Samsung, Micron, SK Hynix participated as strategic infrastructure partners.
What the capital is for. Anthropic signed multiple compute deals: up to 5GW of new compute from Amazon, 5GW of next-gen TPU compute from Google and Broadcom, and SpaceX-routed access to Colossus 1 and 2 GPU compute.
IPO incoming. TechCrunch calls this likely the final private round before Anthropic goes public.
via Anthropic / CNBC / TechCrunch
How fast. The previous round (G) closed three months ago at $38B. Now nearly 3×. Anthropic's annualized revenue this month crossed $47B.
Who's in. Co-leads include Capital Group, Coatue, D1 Capital Partners, GIC, ICONIQ, XN. Plus $15B in standing commitments from hyperscaler partners, including $5B from Amazon. Samsung, Micron, SK Hynix participated as strategic infrastructure partners.
What the capital is for. Anthropic signed multiple compute deals: up to 5GW of new compute from Amazon, 5GW of next-gen TPU compute from Google and Broadcom, and SpaceX-routed access to Colossus 1 and 2 GPU compute.
IPO incoming. TechCrunch calls this likely the final private round before Anthropic goes public.
via Anthropic / CNBC / TechCrunch
