Prime Highlight :
- Anthropic is reportedly discussing a $10 billion funding round that could value the company at $350 billion, marking one of the largest private AI investments ever.
- The talks underscore intensifying competition in the AI sector, as Anthropic and rival OpenAI both pursue massive funding ahead of potential public listings.
Key Facts :
- Coatue Management and GIC are expected to lead the round, which could close within weeks, though Anthropic has declined to comment.
- The proposed valuation would nearly double Anthropic’s value from three months ago, following earlier funding rounds at $183 billion and $61.5 billion valuations.
Background :
Anthropic, the artificial intelligence startup behind the Claude chatbot, is reportedly in discussions to raise $10 billion in fresh funding at a valuation of $350 billion, according to The Wall Street Journal. If completed, the deal would mark one of the largest private funding rounds in the AI sector.
Coatue Management and GIC, Singapore’s sovereign wealth fund, are expected to lead the round, the report said. Anthropic may close the financing within the next few weeks, though the final amount could still change. The company declined to comment on the fundraising plans.
The proposed valuation would nearly double Anthropic’s value from just three months ago. In its most recent Series F round, the company raised $13 billion at a valuation of $183 billion. Earlier this year, in March, Anthropic secured $3.5 billion at a valuation of $61.5 billion, highlighting the rapid pace at which investor interest has grown.
The new funding round is separate from a recently disclosed $15 billion commitment from Nvidia and Microsoft. That arrangement involves what has been described as a “circular” deal, under which Anthropic would purchase up to $30 billion worth of computing power from Microsoft Azure, using Nvidia’s AI chips.
Anthropic continues to attract developers with Claude Code, an AI-powered coding assistant built on its Claude Opus 4.5 model. The company is also reportedly getting ready for a possible public stock offering later this year, along with its main rival, OpenAI.
At the same time, OpenAI is reportedly talking with investors about raising up to $100 billion at a valuation that could reach $830 billion, showing growing competition among top AI companies.
