Anthropic Surpasses OpenAI, Nears $1 Trillion Valuation With New Funding Round

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03:20 PM ET 05/28/2026

Anthropic has raised $65 billion in a Series H private funding round with a post-money valuation of $965 billion, the company said. The valuation surpasses the $850 billion private valuation that Anthropic's top rival, OpenAI, reached earlier this year. Anthropic is the maker of the Claude AI agent, which has become a go-to tool for enterprises, particularly as a coding…