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Anthropic: Artificial intelligence startup Anthropic has become the highest-valued AI company in Silicon Valley following a massive new funding round.
The company announced Thursday that it secured $65 billion in Series H financing. The latest investment values Anthropic at $965 billion.
The new valuation places Anthropic ahead of rival AI firm OpenAI in terms of market value.
The financing round marks another major milestone in the rapidly expanding artificial intelligence sector.
Investors continue to pour capital into leading AI companies as competition intensifies across the industry.
CNBC previously reported in late April that Anthropic was in discussions to raise additional funding.
Anthropic’s latest funding round was led by major investment firms including Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital.
The new financing nearly triples the company’s valuation from February, when Anthropic was valued at $380 billion.
Rival AI company OpenAI reached an $852 billion valuation in late March after completing a record-setting $122 billion funding round.
Anthropic has seen rapid revenue growth driven by strong demand for its AI coding assistant, Claude Code.
The company said Thursday that its annualized revenue run rate has climbed to $47 billion.
That figure marks a sharp increase from the $30 billion run rate reported earlier this year.
Anthropic generated approximately $10 billion in revenue last year, highlighting the company’s rapid expansion in the artificial intelligence market.
Anthropic introduced its newest artificial intelligence model, Claude Opus 4.8, on Thursday as competition intensifies across the AI industry.
The company also drew attention on Wall Street after unveiling Claude Mythos Preview, a specialized AI model featuring advanced cybersecurity capabilities.
Anthropic said the cybersecurity-focused system will initially be available only to a limited group of companies.
The latest product launches come as demand for enterprise AI tools continues to accelerate worldwide.
In a statement released Thursday, Anthropic Chief Financial Officer Krishna Rao said the company is seeing strong adoption of its AI products among businesses and developers.
“Claude is increasingly indispensable to our growing global community of customers, and we work tirelessly to make tools like Claude Code and Cowork more helpful, more powerful, and more adaptable to their needs,” Rao said.
He added that the new funding will help Anthropic meet growing demand, expand its research efforts, and integrate Claude into more workplace environments.
Anthropic’s latest funding round arrives as several leading artificial intelligence companies move closer to public market debuts.
Last week, Elon Musk’s aerospace company, SpaceX, filed a prospectus with the U.S. Securities and Exchange Commission as part of preparations for an initial public offering.
Musk previously merged SpaceX with his artificial intelligence startup, xAI, in February.
The combined company was reportedly valued at approximately $1.25 trillion at the time of the deal.
Meanwhile, OpenAI is also preparing for a public listing. CNBC confirmed that the company is expected to file a confidential IPO prospectus within the coming days or weeks.
The anticipated offerings highlight growing investor interest in artificial intelligence companies as the sector continues to expand rapidly.
The artificial intelligence company led by Sam Altman is reportedly targeting a public market debut as early as September, according to a source familiar with the matter.
The source spoke on condition of anonymity because the discussions involve confidential internal planning.
OpenAI’s expected IPO plans come as investor interest in the artificial intelligence sector continues to accelerate.
Anthropic is also quietly preparing for a potential initial public offering, according to a previous CNBC report.
However, the timeline for Anthropic’s IPO efforts remains uncertain and could change depending on market conditions and company strategy.
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