Anthropic raises $65 billion, nears $1T valuation ahead of IPO
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- Anthropic raised $65 billion in a Series H round co‑led by Altimeter Capital, Dragoneer, Greenoaks, Sequoia Capital, Capital Group, Coatue, D1 Capital Partners and others, valuing it at $965 billion.
- Anthropic announced the release of Claude Opus 4.8, touting stronger agentic task performance, advanced coding, honesty and self‑correction.
- Anthropic said its run‑rate revenue topped $47 billion and expects a 130 % surge to reach its first operating profit.
- Anthropic secured $5 billion from Amazon as part of a $15 billion hyperscaler commitment, and strategic partners Samsung, SK Hynix and Micron also joined the round.
- Anthropic's funding and product push intensify competition with OpenAI, which raised $122 billion at an $852 billion valuation in March.
Why it matters: Enterprise customers gain a more capable, safety‑focused Claude model while Anthropic secures cash to scale compute and outpace rivals; investors see another near‑$1 trillion AI valuation, pressuring OpenAI’s market share.
