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Anthropic Surpasses OpenAI with $965 Billion Valuation After $65 Billion Series H Round

By

Markus Kasanmascheff

3d ago· 4 min readenNews

Summary

Anthropic closed a new funding round on May 28, reaching a $965 billion post-money valuation and surpassing OpenAI in private-market valuation. The $65 billion Series H round positions Anthropic among the top AI developers, with fresh capital allocated to infrastructure expansion, model research, and enterprise distribution. The competitive landscape in AI now hinges on chips, cloud capacity, and corporate contracts as much as model releases.

Key quotes

· 4 pulled
Anthropic closed a new funding round on May 28 that lifted it to a $965 billion post-money valuation and pushed it past OpenAI in the latest private-market comparison.
Investors are now pricing the company among AI's richest developers, not simply as another fast-growing model vendor.
Fresh capital gives Anthropic more room to expand infrastructure, model research and enterprise distribution.
Competition at the top of the AI market now turns on chips, cloud capacity and contract-heavy corporate demand as much as headline model releases.
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Anthropic has closed a $65 billion Series H round at a $965 billion valuation, moving past OpenAI as investors back enterprise AI growth and compute expansion.

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