Anthropic, the artificial intelligence company behind the popular Claude chatbot, is reportedly in the proc…

Lede

Anthropic, the artificial intelligence company behind the popular Claude chatbot, is reportedly in the process of raising $10 billion in a new round of financing. This substantial capital raise is expected to value the company at $350 billion, nearly doubling its previous valuation of $183 billion recorded in September. Singapore’s sovereign-wealth fund, GIC, and Coatue Management are reportedly planning to lead this new round, which highlights the continued institutional appetite for high-level AI development firms.

This latest move follows a $13 billion Series F funding round, illustrating the rapid pace at which the company is scaling its financial foundation to meet the demands of the sector. The round is expected to close in the coming weeks, though the total amount of the deal may still change as negotiations are finalized. Investors involved in these large-scale rounds are operating under the belief that the firms leading the artificial intelligence sector could dominate the next major era of technology, fueling intense competition among venture capital firms and global sovereign wealth funds alike.

Context

Founded in 2021 by former Google researcher Dario Amodei and his sister Daniela, Anthropic has established a strong presence in the AI market, particularly among business users who utilize the Claude chatbot for its advanced coding capabilities. The company’s growth coincides with a historic year for the industry; in 2025, AI companies raised a record $222 billion globally during a period of intense technological competition. This surge in capital saw artificial intelligence capture close to 50% of all global funding for the year, marking a significant rise from the 34% share recorded in 2024.

While specific data from Crunchbase estimated the total investment for the year at a slightly lower $202 billion, the overarching trend remains clear regarding the concentration of venture capital. Anthropic is one of only five AI companies to raise individual funding rounds exceeding $5 billion during this period. This elite group includes several notable entities such as San Francisco-based Scale AI, Elon Musk’s generative AI startup xAI, and Project Prometheus, which focuses on applying AI technology to physical tasks.

Impact

The scale of Anthropic’s $10 billion fundraising effort reflects the massive capital requirements of the current artificial intelligence arms race. This move places the company in direct competition with OpenAI, which is reportedly pursuing up to $100 billion at a valuation of $750 billion. The impact of such massive rounds is evident in the broader market, where the single largest funding round recently recorded went to OpenAI with its record-setting $40 billion SoftBank-backed financing in March. For Anthropic, securing $10 billion would provide the necessary runway to maintain its technological pace alongside other heavyweights that have secured rounds over $5 billion.

The participation of major global entities like GIC and Coatue Management further demonstrates the shift in funding priorities toward the generative AI space. This concentration of capital into a few major startups underscores the high barriers to entry for frontier AI development. As the sector’s share of global funding jumped to nearly 50% in 2025, it is clear that investors are betting heavily on the transformative potential of these technologies, even as the capital requirements for training the next generation of models continue to escalate.

Outlook

Looking forward, Anthropic has set ambitious financial targets, projecting that the company will break even by the year 2028. This projected timeline would see the company reach a stable financial footing ahead of its main competitor, OpenAI. In addition to its fundraising efforts, Anthropic is expected to go public within the current year, providing a significant milestone for the firm as it moves from private to public markets. These developments will be critical in determining whether the company can translate its high private valuation into a sustainable public market presence.

The broader outlook for the AI sector remains tied to the continued flow of massive capital rounds following a record-setting 2025. According to Crunchbase data, while the sector captured nearly half of all global funding, the total investment was estimated at $202 billion. As the industry moves past these peak investment figures, the focus will likely shift to the sustainability of these valuations and the ability of companies to deliver on revenue projections. The outcome of the current $10 billion round and the subsequent public offering will be closely watched as a major indicator of future market sentiment.