Anthropic Weighs Funding Round at Valuation Above $900 Billion .. PYMNTS.com ...Middle East

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Anthropic Weighs Funding Round at Valuation Above $900 Billion .. PYMNTS.com

Anthropic is reportedly mulling a new funding round that would value it at more than $900 billion.

That’s according to a report Wednesday (April 29) from Bloomberg News, which says this valuation would push Anthropic past rival OpenAI to become the most valuable artificial intelligence (AI) startup in the world.

    Sources told Bloomberg the company is considering offers from investors that would more than double its valuation, though these plans are in their early stages.

    The news comes roughly two weeks after the news outlet reported that Anthropic was weighing offers from investors on a round that would bring its valuation to at least $800 billion. 

    Either the $800 billion or $900 billion figure would be more than double the $350 billion pre-money valuation from the company’s $30 billion round of financing in February. PYMNTS has contacted Anthropic for comment but has not yet gotten a reply.

    As the latest Bloomberg report noted, the funding talks are happening while Anthropic is trying to raise more capital as its software enjoys breakout success. This has led the company to search for more infrastructure as demand for its products grow.

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    Google recently agreed to invest $10 billion in Anthropic at a $350 billion valuation, and plans to kick in another $30 billion if the startup reaches certain performance goals.

    Anthropic is also expected to get another $5 billion from Amazon, with the potential for another $20 billion as time goes on.

    “Our collaboration with Amazon will allow us to continue advancing AI research while delivering Claude to our customers, including the more than 100,000 building on AWS,” CEO Dario Amodei said in a news release last week.

    Meanwhile, this week also saw reports that the White House was working on a way to permit federal agencies to continue using new AI tools from Anthropic, even after the government placed a supply chain risk designation on the company.

    According to a report by Axios, the Trump administration is putting together a measure that could reverse the Office of Management and Budget’s directive that limits government use of Anthropic products in the government.

    The White House responded by saying that “any policy announcement will come directly from the President and anything else is pure speculation.”

    The Pentagon instituted the supply chain risk designation earlier this year after a disagreement with Anthropic, which objected to the use of its technology in mass domestic surveillance and autonomous weapons. Anthropic has said it was taking legal action to reverse the designation.

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