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Anthropic Nears $900 Billion Valuation on Terms for $30 Billion Raise

A lightning fundraise reflects surging investor demand for AI.

Overview

  • Anthropic has agreed terms for a roughly $30 billion private round that would value the Claude maker near $900 billion, with the deal unannounced and expected to close within weeks.
  • The financing is co-led by Dragoneer, Greenoaks, Sequoia, and Altimeter, each slated to commit at least $2 billion after investors approached last month and CFO Krishna Rao quickly tested demand.
  • Reported annualized revenue climbed from about $9 billion at the end of 2025 to more than $30 billion by April 2026 and is projected to top roughly $45 billion soon, driven by rapid enterprise uptake of Claude.
  • If the round finalizes at the agreed terms, Anthropic’s valuation would surpass OpenAI’s last reported ~$852 billion and nearly triple from its ~$380 billion Series G in February 2026.
  • Crypto Briefing links the new raise to IPO talk later in 2026, though outlets stress the terms are not public and could still change before closing.