GIC triples investment in Anthropic, valuing it at $965B

GIC, Singapore's $800B sovereign wealth fund, has tripled down on Anthropic through three strategic investments over the past year. The first came in September 2025, followed by leading a $30 billion funding round in February 2026, and finally co-leading a massive $65 billion round in May 2026. These moves have propelled Anthropic's valuation to approximately S$1.2 trillion (US$965 billion), making it one of the most valuable private AI companies globally. The escalating rounds demonstrate GIC's conviction in Anthropic's technology and market position, especially as the AI arms race intensifies between players like OpenAI and Google DeepMind.

Beyond financial backing, GIC has integrated Anthropic's Claude model into its own enterprise AI platform, using it internally for operations. This dual role as both investor and customer provides GIC with firsthand insight into Claude's capabilities and enterprise readiness. The sovereign fund's aggressive accumulation of Anthropic equity signals a broader trend: national wealth funds are treating leading AI companies as critical long-term infrastructure assets. For Anthropic, having a state-backed investor with deep pockets and operational usage strengthens its balance sheet, validates its enterprise focus, and provides a blueprint for other sovereign funds considering AI investments.