"The funding round, led by the Singapore sovereign wealth fund GIC and the hedge fund Coatue Management, is among the largest private fundraising deals on record. Anthropic is the clear category leader in enterprise AI, said Choo Yong Cheen, the chief investment officer of private equity at GIC. Anthropic said its annualised revenue an estimate of full-year sales based on recent company data had reached $14bn, having grown more than tenfold in each of the past three years."
"A significant driver of recent growth has been Claude Code, the company's AI-powered coding tool that became generally available in May 2025. Anthropic's rival OpenAI, backed by Microsoft and SoftBank, has been assembling what is reportedly a far larger round of up to $100bn that would value the ChatGPT developer at about $830bn. The staggering sums being raised reflect equally staggering burn rates, with the companies spending cash to cover their huge costs of computing and attracting researcher talent."
"Anthropic, the US AI startup behind the Claude chatbot, has raised $30bn (22bn) in a funding round that more than doubled its valuation to $380bn. The company's previous funding round in September achieved a value of $183bn, with further improvements in the technology since then spurring even greater investor interest. The fundraising was announced amid a series of stock market moves against industries that face disruption from the latest models, including software, trucking and logistics, wealth management and commercial property services."
Anthropic raised $30bn and more than doubled its valuation to $380bn in a round led by GIC and Coatue Management. Annualised revenue reached $14bn after more than tenfold growth each of the past three years. Claude Code, an AI-powered coding tool made generally available in May 2025, has been a significant growth driver. OpenAI is reportedly pursuing a much larger private round up to $100bn, valuing it near $830bn. High computing and talent costs drive large cash burn; Anthropic forecasts steep burn reductions and targets break-even in 2028 with IPO plans in the second half of 2026.
Read at www.theguardian.com
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