Anthropic hits $965B valuation, surpasses OpenAI as top AI startup
Raises $65B in Series H, revenue run rate hits $47B, launches Claude Opus 4.8
Anthropic has become the world's most valuable AI startup, reaching a $965 billion post-money valuation after a $65 billion Series H funding round led by Altimeter Capital, Dragoneer, Greenoaks Capital, and Sequoia Capital. This nearly triples its previous $380B valuation from just three months ago and surpasses OpenAI's $730B valuation. The round includes $15B in hyperscaler commitments, with $5B from Amazon alone, plus investments from Micron Technology, Samsung, and SK Hynix. Anthropic has now raised over $130B since its 2021 founding.
Alongside the funding, Anthropic revealed a $47B revenue run rate driven by surging enterprise demand for its AI coding tools. The launch of Claude Opus 4.8, a flagship model that outperforms alternatives on vibe coding benchmarks by 10% and shows strong math improvements, further cements its lead. Founder Dario Amodei's safety advocacy and the release of a powerful vulnerability-finding model called Mythos have kept Anthropic in the spotlight. Both Anthropic and OpenAI are now eyeing IPOs, with OpenAI planning a confidential filing soon.
- Anthropic raised $65B in Series H, reaching $965B valuation, surpassing OpenAI's $730B
- Revenue run rate crossed $47B, fueled by enterprise demand for AI coding capabilities
- Claude Opus 4.8 scores 10% higher on vibe coding benchmarks and improves math performance
Why It Matters
Anthropic's rapid growth and safety-first stance set new benchmarks, reshaping the AI startup landscape and IPO race.