Anthropic is gearing up to raise a fresh $10 billion at a $350 billion valuation, according toThe Wall Street Journal. TechCrunch has confirmed the raise and valuation, according to a person familiar with the matter.
The Claude maker last raised a$13 billion Series Fround at a $183 billion valuation three months ago, so this raise nearly doubles the AI firm’s value. In March, Anthropic secured$3.5 billionat a $61.5 billion valuation.
Coatue Management and GIC, Singapore’s sovereign wealth fund, will lead the new round, per the WSJ, which cited sources familiar with the deal. Anthropic is expected to close its latest financing in the coming weeks, and the total deal amount could change.
This round would be separate from the$15 billion Nvidia and Microsoftrecently committed to invest in Anthropic, a “circular” deal that would see Anthropic buying $30 billion of compute capacity from Microsoft Azure running on Nvidia’s chips.
The fresh capital comes as Anthropic continues towin over developer hearts with Claude Code, its tool designed to automate coding, powered by Claude Opus 4.5. It also comes as Anthropic prepares for a potentialIPOthis year alongside its main rivalOpenAI. OpenAI is also in talks to raise as much as$100 billion at a valuation of up to $830 billion.
This article was updated to reflect that TechCrunch separately confirmed the round.
Source: Techcrunch
