Anthropic Secures $65 Billion at Near-$1T Valuation Ahead of Planned IPO
Anthropic closes a massive $65 billion funding round, pushing its valuation to $965 billion as it prepares for a public market debut. The AI giant plans to use the capital to expand computing power and advance its safety research alongside the release of its new Claude Opus 4.8 model.
Anthropic raises $65 billion in a Series H funding round, reaching a massive $965 billion post-money valuation as it prepares for an upcoming IPO. A powerhouse group of investors co-leads the round, including Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital, with major participation from institutional giants like Blackstone, Fidelity, and DST Global. Strategic infrastructure partners such as Samsung, SK Hynix, and Micron also join the round, which includes $15 billion in previously committed investments from hyperscalers like Amazon.
The company plans to use this enormous capital injection to advance AI safety and interpretability research, expand computing capacity to meet the growing demand for Claude, and scale its enterprise products. This funding milestone arrives on the exact same day that Anthropic releases its new Claude Opus 4.8 model, which offers enhanced capabilities in agentic tasks, advanced coding, and improved self-correction. Anthropic also reportedly plans to broadly launch models matching the power of its highly restricted cybersecurity model, Mythos.
Anthropic experiences explosive growth ahead of this round, with its run rate revenue crossing $47 billion earlier this month and projections pointing toward a first operating profit following a 130% revenue surge. This financial momentum fuels intense competition with OpenAI as both AI giants race toward their respective public debuts. Industry leaders view Anthropic's widespread enterprise adoption and continuous model advancements as key indicators that the company is positioned to lead the next major phase of artificial intelligence innovation.