Overview
- CNBC, citing a source familiar, reports Anthropic has signed a term sheet for the round, and the company declined to comment.
- The funding is targeted at $10 billion on a $350 billion pre-money valuation, with reports indicating the deal could close within weeks but that terms may change.
- Singapore’s sovereign wealth fund GIC and Coatue are expected to lead the financing, according to multiple outlets.
- Microsoft and Nvidia are expected to participate, and the raise is separate from up to $15 billion in prior commitments tied to Anthropic purchasing about $30 billion of Azure compute powered by Nvidia chips.
- Anthropic last raised $13 billion at a $183 billion valuation in September, is backed by Google and Amazon, and was reported to have engaged Wilson Sonsini for a potential 2026 IPO.