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International Business Times UK
International Business Times UK
Technology
Niloy Chakrabarti

Anthropic Raises $65 Billion at Nearly $1 Trillion Valuation — Revenue Run Rate Reaches $47 Billion

Anthropic has expanded its compute capacity through agreements with Amazon, Google, Broadcom, and SpaceX. (Credit: anthropic.com)

Amazon-backed Anthropic announced late Thursday that it has successfully raised $65 billion in Series H funding at a $965 billion post-money valuation. The funding round, which was led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital, is expected to help the maker of the Claude model advance its R&D and boost capacity to meet surging demand for the AI model.

The company also reported reaching a $47 billion revenue run rate, up from $30 billion a year earlier, attributable to the emerging AI coding assistant called Claude Code.

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