Anthropic Raises $65 Billion at $965 Billion Valuation, Reports $47 Billion Annualized Revenue
By
Jason Nelson
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· 2 sourcesAnthropic has raised $65 billion in a Series H funding round led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital, achieving a $965 billion post-money valuation, according to coverage on bsky and Hacker News. The company reported annualized revenue surpassing $47 billion, driven by organizations deploying its Claude AI model across industries. Hacker News noted the funding will advance safety research, interpretability research, and expand compute capacity.
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Summary
Anthropic has raised $65 billion in a Series H funding round led by major investors including Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital, valuing the company at $965 billion post-money. The company reported annualized revenue surpassing $47 billion, driven by organizations deploying its Claude AI model across industries. The funding underscores the massive capital requirements for building and operating frontier AI models.
Key quotes
· 3 pulledAnthropic said Thursday it raised $65 billion in a Series H funding round, valuing the company at $965 billion post-money and underscoring the escalating cost of building and operating frontier AI models.
Earlier this month, our run-rate revenue crossed $47 billion.
This growth has been driven by organizations across many industries deploying Claude in their core operations, and by a growing number of...
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