Artificial intelligence company Anthropic said Thursday it raised USD 65 billion in private funding. Consequently, this lifted its Anthropic valuation to USD 965 billion.
The funding made the San Francisco-based maker of the Claude chatbot one of the world’s most valuable start-ups. In addition, it pushed it ahead of OpenAI’s last reported valuation of USD 730 billion.
Euro News reported that Anthropic said its annualised revenue has reached USD 47 billion from customers using Claude for coding, workplace tasks and personal work.
The company said the funding round was led by Altimeter Capital, Dragoneer Investment Group, Greenoaks Capital and Sequoia Capital.
“This funding will help us serve the historic demand we are experiencing, stay at the research frontier, and bring Claude to more of the places where work happens,” Anthropic Chief Financial Officer Krishna Rao said.
Anthropic also launched Claude Opus 4.8 on Thursday. The company said the model improves coding and professional work performance compared with earlier versions.
Anthropic was founded in 2021 by former OpenAI executives. Furthermore, Anthropic, OpenAI and Elon Musk’s SpaceX are all expected to move toward public listings while still losing more money than they make.
Read: Claude Design By Anthropic Launches For Visual Prototyping
OpenAI last reported in March that it was moving toward a USD 852 billion valuation after a USD 122 billion fundraising round. Meanwhile, SpaceX was valued at USD 1.25 trillion after merging with xAI in February.
