New Delhi, May 29 Anthropic, the US-based artificial intelligence company, has closed a $65 billion Series H funding round, lifting its post-money valuation to $965 billion and positioning it ahead of rival OpenAI in the AI valuation race.
The round was led by Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital, with co-leadership from Capital Group, Coatue, D1 Capital Partners, GIC, ICONIQ and XN. The latest raise also incorporates $15 billion in previously committed capital from hyperscalers, including a $5 billion contribution from Amazon.
The company’s flagship AI assistant, Claude, has seen accelerating enterprise adoption globally, with its annualised revenue run rate surpassing $47 billion earlier this month.
Anthropic said the proceeds will fund safety and interpretability research, expanded computing infrastructure, and the scaling of products and strategic partnerships to meet surging demand for AI services.
“Claude is increasingly indispensable to our growing global community of customers, and we work tirelessly to make tools like Claude Code and Cowork more helpful, more powerful and more adaptable to their needs,” said Krishna Rao, Chief Financial Officer at Anthropic. He added that the capital would help the company sustain its research leadership and broaden Claude’s presence across global workplaces.
Enterprises across sectors are deploying Claude in core business operations, with both startups and large corporations leveraging the platform for complex workflows and day-to-day productivity.
On the infrastructure front, Anthropic has significantly expanded its compute capacity through a series of high-profile agreements. These include a deal with Amazon for up to five gigawatts of additional capacity, as well as agreements with Google and Broadcom for next-generation TPU access. The company has also secured GPU infrastructure through SpaceX’s Colossus 1 and Colossus 2 platforms.
To support growing requirements for memory, storage and computing capabilities, Anthropic has further deepened strategic partnerships with Micron, Samsung and SK Hynix.
