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Anthropic Closes $10–15 Billion at $350 Billion Valuation as Round Could Grow to $20 Billion

GIC and Coatue are leading the financing, according to CNBC.

Overview

  • CNBC reports the initial close landed between $10 billion and $15 billion at a $350 billion valuation, with the total potentially increasing if Microsoft and Nvidia add capital.
  • The Financial Times reported investor interest lifted the target to roughly $20 billion after the raise was estimated to be five to six times oversubscribed.
  • Singapore’s sovereign wealth fund GIC and U.S. investor Coatue are leading the deal, with Sequoia and other existing backers participating.
  • Microsoft and Nvidia previously announced plans for up to a combined $15 billion in strategic investments, though participation in this round remains unclear.
  • CEO Dario Amodei has said Anthropic generated close to $10 billion in revenue last year, and strong enterprise adoption of Claude and Claude Code is fueling investor demand.