The AI giant announced a revenue run rate of $14bn – up from $0 three years ago, and $9bn two months ago.
Anthropic announced a $30bn Series G funding round led by Coatue Management and Singapore’s GIC at a post-money valuation of $380bn. The raise more than doubles its valuation from the last round it announced in September.
The Series G was co-led by D E Shaw Ventures; Dragoneer; Founders Fund; Iconiq; and the Abu Dhabi-based MGX, an AI investment firm owned by the United Arab Emirates. MGX recently took 15pc ownership of TikTok’s US venture and funded xAI in a $20bn Series E round shortly before it was acquired by SpaceX.
Several other big-name investors took part in the round, including Accel; Bessemer Venture Partners; BlackRock; Fidelity Management & Research Company; Growth Equity at Goldman Sachs Alternatives; Lightspeed Venture Partners; Qatar Investment Authority; and Sequoia Capital, among others.
While Anthropic did not provide details on individual commitments from investors, Bloomberg reported last month that lead investors GIC and Coatue will commit around $1.5bn each, and Iconiq around $1bn.
The Series G also includes portions of the previously announced $15bn in commitments from Microsoft and Nvidia, Anthropic said.
The company wants to use the funds to fuel frontier research in AI, develop products and expand its infrastructure. Claude is currently the only frontier AI model available on three of the largest cloud platforms – Amazon Web Services, Google Cloud and Microsoft Azure.
The round comes as the AI giant hit a revenue run rate of $14bn – up from $0 three years ago, and around $9bn two months ago.
Anthropic has established itself as a popular choice for enterprise coding in a market littered with choices ranging from OpenAI to Microsoft’s Copilot.
According to the company, the number of customers spending more than $100,000 annually on Claude has increased by seven times in the past year, while more than 500 spend more than $1m on an annualised basis.
Claude Code’s revenue run rate alone has grown to more than $2.5bn, more than doubling in value since the beginning of the year. The company launched ‘Cowork’ in January, a product entirely made by Claude Code, designed to be a simpler version of its predecessor. The launch garnered generally positive reactions from users.
Meanwhile, Claude for Healthcare was launched shortly after rival OpenAI released its iteration of a tool for medical queries.
“Whether it is entrepreneurs, start-ups, or the world’s largest enterprises, the message from our customers is the same – Claude is increasingly becoming critical to how businesses work,” said Krishna Rao, Anthropic’s chief financial officer.
“This fundraising reflects the incredible demand we are seeing from these customers, and we will use this investment to continue building the enterprise-grade products and models they have come to depend on.”
The company also launched its latest AI model, the Opus 4.6, earlier this month. The model, according to the company, can manage a range of everyday work tasks, and can generate documents, spreadsheets and presentations.
Artificial Analysis testing places Opus 4.6 at the top of the chart for running better than OpenAI’s GPT 5.2.
OpenAI is reportedly in talks to raise as much as $100bn for a valuation of between $750bn and $830bn, according to reports. The company is currently valued at $500bn. Its revenue run rate exceeded past $20bn by the end of 2025.
Both OpenAI and Anthropic said they are interested in filing for initial public offerings (IPO).
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