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Anthropic Raising $10 B at $350 B Valuation

Anthropic Raising $10 B at $350 B Valuation
TechCrunch

Anthropic Announces Major Funding Boost

Anthropic, the creator of the Claude AI models, is preparing to close a new financing round that could bring in $10 billion of capital. Sources say the round would value the company at $350 billion, a substantial increase from its previous $183 billion valuation recorded three months earlier.

Key Investors and Deal Structure

The upcoming round is being led by Coatue Management and GIC, Singapore’s sovereign‑wealth fund. This financing is separate from a recent $15 billion commitment from Nvidia and Microsoft, a "circular" deal that would see Anthropic purchase $30 billion of compute capacity from Microsoft Azure powered by Nvidia chips.

Strategic Timing and Market Position

The infusion of capital comes as Anthropic continues to win developer support with the launch of Claude Code, a tool designed to automate coding tasks using the Claude Opus 4.5 model. Industry observers note that the timing aligns with the company’s preparation for a potential initial public offering later this year.

Competitive Landscape

Anthropic’s fundraising moves occur amid heightened competition in the generative‑AI space. Rival OpenAI is reportedly in talks to raise as much as $100 billion at a valuation that could reach $830 billion, underscoring the intense capital race among leading AI firms.

Outlook

While the exact closing timeline remains pending, the new round is expected to be finalized in the coming weeks. If completed, the financing would markedly boost Anthropic’s balance sheet, support continued product development, and position the firm favorably for a public market debut.

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Source: TechCrunch

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