Anthropic Secures $3.5 Billion in Funding, Reaching $61.5 Billion Valuation

The AI company plans to expand its research, international presence, and enterprise-focused offerings after a record-breaking funding round.

Anthropic's $3.5 billion Series E funding round was led by Lightspeed Venture Partners, with participation from major investors like Salesforce Ventures, Cisco Investments, and Fidelity Management.
The company's valuation now stands at $61.5 billion, reflecting its rapid revenue growth, including a reported 1,000% year-over-year increase as of December 2024.
Anthropic's Claude chatbot, launched in 2023, has gained significant traction in enterprise applications, partnering with companies like Zoom, Pfizer, and Thomson Reuters.
Amazon and Google have invested a combined $11 billion in Anthropic, with Amazon serving as the company's primary cloud and training partner for large-scale AI models.
Despite its high valuation, Anthropic operates at a loss as it heavily invests in AI model development and infrastructure, aiming to cut its cash burn rate and project revenue growth to $34.5 billion by 2027.