Artificial intelligence startup Anthropic is planning a major new fundraising round that could value the company at around US$350 billion, according to people familiar with the matter. If completed, the deal would rank among the largest private capital raises in technology history and cement Anthropic’s position as one of the most valuable AI firms globally.
Sources say the company is seeking to raise up to US$10 billion, with interest from major institutional investors and strategic partners eager to gain exposure to advanced AI development. The talks remain preliminary, and the valuation could still shift depending on market conditions and investor demand.
Founded in 2021 by former OpenAI researchers, Anthropic is best known for its Claude family of large language models, which compete directly with OpenAI’s ChatGPT and Google’s Gemini. The company has positioned itself as a leader in AI safety and alignment, arguing that responsible development will be a decisive advantage as governments move toward stricter regulation of artificial intelligence.
Anthropic already counts Amazon and Google among its most prominent backers. Amazon has committed up to US$4 billion to the company and integrated Claude into its AWS cloud ecosystem, while Google has invested more than US$2 billion and provides key cloud infrastructure. These strategic partnerships have helped Anthropic scale rapidly while reducing its dependence on a single platform.
The reported valuation would represent a dramatic leap from Anthropic’s previous funding round in 2025, which valued the company at roughly US$60 billion, according to earlier disclosures by The Wall Street Journal and Bloomberg. That jump reflects the explosive growth in demand for generative AI tools across enterprise software, finance, healthcare, and government services.
Industry analysts say investor enthusiasm is being driven by three factors: surging enterprise adoption of AI models, intense competition among hyperscalers to lock in preferred AI partners, and fears of missing out as AI becomes core infrastructure for the global economy. However, critics warn that valuations are racing far ahead of near-term revenues, increasing the risk of a correction if growth slows or regulation tightens.
Anthropic has not publicly commented on the fundraising discussions. Still, the move signals that the AI capital cycle is accelerating, with a small group of firms attracting unprecedented sums as they race to dominate next-generation computing.
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