Anthropic near – Anthropic’s latest funding round lifts the AI startup to a $965 billion valuation, nearly $1 trillion, putting it ahead of OpenAI as both companies move toward initial public offerings. The surge comes alongside rapid product updates for its Claude coding and
By the time Anthropic finished its latest funding announcement, the numbers already sounded like something you couldn’t quite believe—close to a $1 trillion valuation, and higher than rival OpenAI.
On Thursday, the San Francisco-based company said it raised $65 billion in Series H funding. That deal brings Anthropic’s valuation to $965 billion. The round was led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital, and included $15 billion of prior commitments. Of that $15 billion, $5 billion came from Amazon.
The speed of the climb is what’s making headlines. In just the past few months, Anthropic has nearly tripled its worth from $380 billion in February.
OpenAI. once viewed as the heavyweight in the effort to dominate artificial intelligence. is moving in the same direction but not at the same pace. It is currently valued at $852 billion, including $122 billion in funding raised in March. Even with both companies heading toward their initial public offerings. Anthropic now sits at the top as the most valuable artificial intelligence startup.
Behind Anthropic’s meteoric rise is Claude, including its agentic AI coding assistant. On May 28. the company released Claude Opus 4.8. and it also confirmed plans to roll out Claude Mythos models with advanced cybersecurity capability. Those cybersecurity models had been delayed due to security risks. and so far Claude Mythos has been made available only to a select group of companies.
Anthropic has also kept expanding the product line for real-world business use. Earlier this month, the company launched Claude for Small Business—an agentic workflow package aimed at automating tasks such as payroll, marketing, invoicing, contracts, and content strategy.
The sequence is hard to miss: massive new funding pushes valuations upward. while rapid product releases keep the market focused on what’s next. With both Anthropic and OpenAI preparing for initial public offerings. the question is no longer whether these firms can grow—it’s whether investors will be able to buy in at a price that leaves room to win.
Jay Ritter. an IPO expert at the University of Florida. cautioned that even if the companies are strong. the stock could be unforgiving at the wrong price. He told The New York Times: “At the potential prices that have been reported. it would be very difficult for an investor to come out ahead in a three-year period.” He added: “They may be great as companies. but when you buy shares in them you should pay attention to their price.”.
Anthropic OpenAI Series H funding IPO valuation Claude Opus 4.8 Claude Mythos cybersecurity Claude for Small Business Amazon investment Altimeter Capital Dragoneer Greenoaks Sequoia Capital Jay Ritter
So they raised like $65 billion?? How is that even real money lol
Valuation is meaningless if the IPO never happens. Companies always “race” to numbers on paper and then people are shocked later. Still, $1T feels insane. Is this why everything is getting more expensive now?
Wait I thought OpenAI already beat everyone like years ago. But now it says Anthropic is ahead by a bunch? I’m confused like maybe OpenAI is just playing catch up with the cybersecurity stuff? Also Claude coding sounds like something that replaces my job or whatever.
The “agentic” coding assistant is the part that worries me. Like if it’s already doing cybersecurity models and “Mythos” and all that, then what exactly is delayed risk-free? And why does Amazon keep showing up in these funding rounds like it’s the final boss. I don’t trust any of it, but I also can’t stop reading the headlines.