💰Anthropic Nears $30B Raise at $900B, Passing OpenAI
TL;DR
Anthropic is set to close a round topping $30 billion at a valuation above $900 billion, vaulting past OpenAI to become the most valuable AI startup. Sequoia, Dragoneer, Altimeter and Greenoaks are each expected to put in roughly $2 billion.
Anthropic is set to close a round topping $30 billion at a valuation above $900 billion, vaulting past OpenAI to become the most valuable AI startup. Sequoia, Dragoneer, Altimeter and Greenoaks are each expected to put in roughly $2 billion.
Key Points
Round could close within the week at a $900B+ valuation, above OpenAI's $852B March mark
Co-leads Sequoia, Dragoneer, Altimeter and Greenoaks each plan ~$2B checks
Founders Fund and General Catalyst among existing backers joining
Annualized revenue run rate reported at ~$30B, up from $87M in Jan 2024
Why It Matters
A $900B private mark resets the pecking order at the top of AI and gives Anthropic the balance sheet to keep pace on compute and talent.
Quick Facts
Frequently Asked Questions
Why does this matter?
A $900B private mark resets the pecking order at the top of AI and gives Anthropic the balance sheet to keep pace on compute and talent.
What happened?
Anthropic is set to close a round topping $30 billion at a valuation above $900 billion, vaulting past OpenAI to become the most valuable AI startup. Sequoia, Dragoneer, Altimeter and Greenoaks are each expected to put in roughly $2 billion.
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