Overview
- CNBC reports a signed term sheet for the round, with GIC and Coatue set to lead the financing at a $350 billion pre-money valuation.
- Multiple outlets say the deal could close within weeks, though the final size and terms remain subject to change.
- The equity raise is separate from up to $15 billion in planned investments by Microsoft and Nvidia tied to long-term Azure compute purchases running on Nvidia chips.
- Anthropic’s valuation would nearly double from September, when a $13 billion Series F pegged the company at $183 billion.
- Anthropic declined to comment on the fundraising, and prior reports say the company has taken steps toward an IPO, including hiring law firm Wilson Sonsini.