Anthropic Reaches $965 Billion Valuation as Series H Adds $65 Billion for AI Expansion

Anthropic Reaches 5 Billion Valuation as Series H Adds  Billion for AI Expansion
Anthropic Reaches 5 Billion Valuation as Series H Adds  Billion for AI Expansion

Anthropic has raised $65 billion in funding, bringing the Claude maker to a post-money valuation of $965 billion as enterprise demand for cutting-edge AI continues to draw greater capital funds into computing, cloud capabilities and model development.

The Series H round was led by Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital, with a long list of investors including Capital Group, Coatue, GIC, ICONIQ, Fidelity, General Catalyst, Blackstone, Brookfield, T. Rowe Price, Temasek and others. Anthropic said the financing also includes $15 billion of previously committed hyperscale investments, including $5 billion from Amazon (NASDAQ: $AMZN).

The increase comes just months after Anthropic’s G Series in February and follows a sharp rise in commercial adoption. The company said run-rate revenue surpassed $47 billion this month, helped by enterprise customers deploying Claude more deeply into daily workflows and more people using the product for work.

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Anthropic plans to use the funds to advance security and interpretability research, expand computing capacity, and scale the products and partnerships behind Claude. Chief Financial Officer Krishna Rao said the funding will help the company meet “historic demand” by keeping its models at the frontier of research.

The computing layer remains central to the story. Anthropic said it recently signed agreements with Amazon for up to five gigawatts of new capacity, with Google (NASDAQ: $GOOGL) and Broadcom (NASDAQ: $AVGO) for five gigawatts of next-generation TPU capacity, and with SpaceX to access GPU capacity in Colossus 1 and Colossus 2.

Those commitments put Anthropic deeper into the same infrastructure race that has become a defining theme in the artificial intelligence, cloud, semiconductor and digital asset markets. Companies with access to power, chips, data centers and enterprise distribution are increasingly valued as the scarce layer behind AI adoption.

Claude is now available on Amazon Web Services, Google Cloud, and Microsoft (NASDAQ: $MSFT) Azure, giving Anthropic a broader enterprise channel as the AI ​​market moves from model releases to deployment scale.

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