Anthropic, the artificial intelligence company behind the Claude platform, is reportedly working to secure $10 billion in new funding at a valuation of $350 billion. According to The Wall Street Journal and a source familiar with the matter, TechCrunch has also independently confirmed the fundraising effort.
If successful, this would nearly double Anthropic’s valuation from its last funding round just three months ago. In that round, the company raised $13 billion in a Series F funding at a $183 billion valuation. Earlier in the year, Anthropic secured $3.5 billion at a valuation of $61.5 billion, underscoring its rapid growth and increasing investor interest.
New Investment Leaders and Potential Adjustments
The upcoming investment round is expected to be led by Coatue Management and GIC, Singapore’s sovereign wealth fund. While the deal is anticipated to close in the coming weeks, the total amount raised may still change, according to The Wall Street Journal.
This funding would be distinct from the $15 billion announced in November as part of a strategic partnership involving Nvidia and Microsoft. That agreement includes Anthropic purchasing $30 billion worth of computing capacity on Microsoft Azure, powered by Nvidia’s chips.
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Innovation and Market Position Ahead of IPO
Anthropic’s growth is not limited to its financial milestones. The company continues to make strides in AI development, with its Claude Opus 4.5 model gaining traction among developers due to its Claude Code tool, which automates coding tasks. This momentum comes as Anthropic prepares for a potential initial public offering (IPO) this year.
Anthropic faces competition from OpenAI, its primary rival, which is also exploring a public offering. OpenAI has reportedly been in talks to raise as much as $100 billion at a valuation of up to $830 billion.
No Comment from Anthropic
When contacted, Anthropic declined to comment on the ongoing fundraising efforts.
This latest development highlights Anthropic’s rapid ascent within the AI industry and reflects the heightened investor interest in the sector as technological advancements continue to accelerate. As the fundraising progresses, the company’s valuation and market strategy will likely be closely watched by industry analysts and competitors alike.