Anthropic has raised $65 billion in a Series H round led by Altimeter, Dragoneer, Greenoaks, and Sequoia, valuing it at $965 billion, making it the most valuable private AI company in the world.
The deal eclipses rival OpenAI’s $852 billion valuation and arrives just three months after Anthropic’s own $380 billion Series G, underscoring the breakneck pace of capital accumulation at the top of the AI stack.
Anthropic’s annualised revenue has crossed $47 billion, up from $14 billion in February, a more than threefold jump in under four months.
Three months after taking in $30 billion at a $380 billion valuation, Anthropic has already made that number look quaint. TFN first reported in May that the company was in talks to raise at a valuation above $900 billion and the confirmed deal has surpassed even that figure. The San Francisco-based AI lab founded in 2021 by Dario Amodei and Daniela Amodei alongside several former OpenAI colleagues has now raised $65 billion in a Series H round, pushing its post-money valuation to $965 billion. For the first time, it is worth more than OpenAI.
What Anthropic does
