The $65 billion Series H round gives Anthropic an eye-watering $900 billion valuation. That gives the company a higher valuation than OpenAI’s last valuation of $730 billion, according to The New York Times. Anthropic says the funds will go toward advancing safety research, expanding compute, and scaling its products. [Link: Anthropic raises $65B in Series H funding at $965B post-money valuation | https://www.anthropic.com/news/series-h | Anthropic]

OpenAI’s valuation reached $730 billion in March following a massive $122 billion funding round.

May 28 : Anthropic said on Thursday it has raised $65 billion at a post-money valuation of $965 billion, as it aims to bolster computing capacity to meet growing demand for…

Anthropic said on Thursday it has raised $65 billion in a series H funding round, valuing it at $965 billion post-money.