Prime Highlight
- Anthropic has reportedly doubled its fundraising target to $20 billion after strong interest from global investors, signaling surging confidence in top AI firms.
- If completed, the round would value Anthropic at around $350 billion, placing it among the world’s most valuable private technology companies.
Key Facts
- Potential investors include Sequoia Capital, Singapore’s sovereign wealth fund, and Coatue, according to the Financial Times.
- Anthropic previously raised $13 billion in September, valuing the company at $183 billion, and has begun early preparations for a possible IPO.
Background
Anthropic has raised its sights higher in its latest funding round, reportedly doubling the size to $20 billion. According to the Financial Times, the artificial intelligence company increased its target after receiving strong interest from global investors. If completed as planned, the round would value Anthropic at about $350 billion, placing it among the most valuable private technology firms in the world.
The company, best known for its AI assistant Claude and the developer-focused Claude Code, has seen growing demand for its products as businesses increase spending on artificial intelligence. Sources familiar with the matter told the Financial Times that several high-profile investors are expected to take part in the round. These include Sequoia Capital, which also backs rival OpenAI, Singapore’s sovereign wealth fund, and investment firm Coatue.
Anthropic’s fast growth shows the wider rise in investor confidence in AI companies that deliver strong technology and real business use. Raising more money than planned also shows that investor competition has grown as they look to back top AI companies.
The company has already attracted massive funding in recent months. In September, Anthropic announced a $13 billion funding round, which valued the firm at $183 billion and confirmed its position as a major force in the AI sector.
In addition to fundraising, Anthropic has also taken steps toward a possible public listing. Late last year, reports said the company hired legal advisers as part of early preparations for an initial public offering that could take place later this year. If it proceeds, such a move would mark another milestone in the company’s fast-growing journey.