Anthropic’s Valuation Soars to $380B After Massive Series G Round

Anthropic has completed a $30 billion Series G funding round, pushing its valuation to $380 billion. The latest raise marks a dramatic increase from the company’s previous Series F valuation of $183 billion and underscores the accelerating investor appetite for advanced artificial intelligence platforms.

The financing was led by Singapore’s sovereign wealth fund GIC and U.S.-based investment management firm Coatue. A number of major firms participated as co-leads, including D. E. Shaw Ventures, Founders Fund, and Abu Dhabi’s MGX. Additional backers named in the round include Accel, General Catalyst, Jane Street, and the Qatar Investment Authority, among others.

The funding injection comes at a time when Anthropic is intensifying competition with its chief rival, OpenAI, for enterprise clients and broader cultural prominence. OpenAI has recently disclosed plans to pursue an additional $100 billion in funding, a move that, if successful, could elevate its valuation to approximately $830 billion.

“Whether it is entrepreneurs, startups, or the world’s largest enterprises, the message from our customers is the same: Claude is increasingly becoming more critical to how businesses work,” said Krishna Rao, Anthropic’s chief financial officer, in a press release. “This fundraising reflects the incredible demand we are seeing from these customers, and we will use this investment to continue building the enterprise-grade products and models they have come to depend on.”

Anthropic, known for developing the chatbot Claude, said the latest valuation cements its standing among the most closely watched private technology companies. Market observers note that it now sits alongside OpenAI and SpaceX as one of the most valuable privately held firms globally. “These are the three biggest names that could go public this year,” said Angelo Bochanis, an associate at Renaissance Capital.

With its valuation nearly doubling since the prior round, Anthropic’s latest financing reflects both the rapid commercialization of generative AI technologies and the intensifying global competition among leading AI developers.

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