Anthropic raised $65 billion in a Series H funding round that valued the company at $965 billion post-money, according to a Thursday (May 28) press release.
The round includes previously committed investments of $15 billion from hyperscalers, including $5 billion from Amazon, according to the release.
It was reported in April that a valuation of more than $900 billion would push Anthropic past rival OpenAI to become the most valuable artificial intelligence startup in the world.
Anthropic’s new valuation is up from the $380 billion valuation it achieved in a February Series G funding round in which it raised $30 billion, and the $183 billion valuation it secured in a September Series F round in which it raised $13 billion.
The company said in its Thursday press release that it will use the new funding to advance its safety and interpretability research, expand compute, and scale products and partnerships.
Anthropic also said that since the February Series G, it has seen growing adoption of its Claude model among global enterprise customers. The company added that earlier this month, its run-rate revenue crossed $47 billion.
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“This funding will help us serve the historic demand we are experiencing, stay at the research frontier, and bring Claude to more of the places where work happens,” Anthropic Chief Financial Officer Krishna Rao said in the release.
The latest funding round was led by Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital.
It was reported May 20 that Anthropic is on track to post its first operating profit in the second quarter, less than a year after the company gave investors financial guidance that suggested it did not expect to turn a full-year profit until at least 2028.
Anthropic announced in another Thursday press release that it launched Claude Opus 4.8 and that compared to this its predecessor, Opus 4.7, this new version delivers improvements across benchmarks and is a more effective collaborator.
The benchmarks on which Opus 4.8 surpasses the previous model include coding, agentic skills, reasoning and practical knowledge work tasks, according to the release.
“Early testers have found Claude Opus 4.8 to be more reliable and sharper in its judgment when it’s performing agentic tasks,” Anthropic said in the release.
It was reported May 20 that demand for Anthropic’s coding tools has been the company’s primary growth driver.
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