Key Takeaways
- Anthropic is seeking a $10B funding round at a $350B valuation.
- The raise would nearly double its valuation and follows heavy capital commitments from Microsoft and Nvidia.
Anthropic, the AI research company behind the Claude chatbot, is seeking to raise $10 billion at a $350 billion pre-investment valuation, according to the Wall Street Journal.
The proposed funding would nearly double the company’s valuation from four months ago and mark one of the largest private capital raises in the AI sector this year.
Singapore sovereign wealth fund GIC and technology-focused hedge fund Coatue Management are expected to lead the round, though discussions are ongoing and final terms remain subject to change.
The financing would follow a $13 billion investment in September that valued Anthropic at $183 billion, making this the third mega funding round in the AI industry over the past year.
The new capital would be in addition to up to $15 billion in planned investments from Nvidia and Microsoft. As part of that arrangement, Anthropic has committed to purchasing $30 billion in compute capacity from Microsoft Azure running on Nvidia AI systems.
Founded in 2021 by Dario Amodei and Daniela Amodei, Anthropic has raised tens of billions of dollars to date and is expected to pursue an initial public offering this year.
