Anthropic raises $65 billion in a Series H round at a $965 billion valuation. Annualized revenue tops $47 billion, according to CFO Krishna Rao. The company plans to invest in safety research, computing capacity, and expanding its Claude product lineup.

Anthropic reported $4.8B in Q1 2026 revenue and projects $10.9B for Q2, marking 130% sequential growth and its first operating profit of $559M.

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