Anthropic is seeking to raise up to $50 billion this summer, with a pre-investment valuation of approximately $900 billion that could surpass OpenAI’s $852 billion valuation post-financing. Led by CFO Krishna Rao, with participation from Dragoneer, General Catalyst, and Lightspeed Venture Partners, the deal could close within two months. Google may contribute an additional $10 billion. Anthropic’s annualized revenue is projected to exceed $45 billion, driven by Claude Code and the Cowork assistant. Funds will primarily expand computing infrastructure, including a deal with SpaceX covering 220,000 NVIDIA GPUs.
In-Depth:
On May 9th, according to a report from the UK’s Financial Times, global AI giant Anthropic plans to raise up to $50 billion (approximately RMB 340 billion) this summer. Its pre – investment valuation is about $900 billion (approximately RMB 6.12 trillion), and after the financing, its valuation will approach $1 trillion (approximately RMB 6.8 trillion), expected to surpass OpenAI’s $852 billion valuation, becoming the world’s most valuable AI startup.
This round of financing is led by Chief Financial Officer Krishna Rao. Top institutions such as Dragoneer, General Catalyst, and Lightspeed Venture Partners have clearly expressed their intention to participate. The deal is expected to be finalized within two months, but the specific terms have not been finalized and there are still uncertainties. The report also reveals that there are rumors that Google may invest an additional $10 billion in Anthropic to further strengthen the relationship between the two companies.
As the developer of the Claude series of large models, Anthropic’s valuation has skyrocketed. After completing a financing round in February this year, its valuation reached $380 billion, and in just three months, its valuation has soared by more than 130%. In comparison, after OpenAI completed a $122 billion financing round in March this year, its post – investment valuation was $852 billion. If Anthropic’s current financing round is successful, it will achieve a valuation surpassing that of OpenAI.
Anthropic’s strong growth provides support for its financing. According to the Financial Times, the company’s annualized revenue is expected to soon exceed $45 billion, a five – fold increase from the $9 billion at the conclude of 2024. The core growth comes from the Claude Code tool for developers and the Cowork assistant for non – technical utilizers. These two products have strongly captured the enterprise market, significantly narrowing the gap with OpenAI.
The Financial Times reveals that informed sources declare that this round of financing is mainly utilized to expand computing infrastructure rather than for operational growth. As the Claude model iterates and more advanced systems are developed, Anthropic’s demand for GPU and accelerator clusters has soared. Recently, it has faced a shortage of computing power supply. With the upcoming full release of the new model Mythos, the demand will further increase.
On May 7th, Dario Amodei, co – founder and CEO of Anthropic, stated at the developer conference Code with Claude that thanks to Claude, the world is paying so much attention to Anthropic for the first time. Anthropic’s ARR growth rate is exponential. Previously, they considered this figure might gradually increase to 10 times, but finally they saw an 80 – fold increase. They are providing more computing power than ever before at the quickest possible speed. But he also mentioned that he hopes the growth trconclude will not continue, as it is too outrageous and hard to handle.
▲Ami Vora, Chief Product Officer of Anthropic, Daniela Amodei, co – founder of Anthropic, and Dario Amodei, co – founder and CEO of Anthropic (from left to right)
To secure long – term computing power resources, Anthropic has signed a series of significant cooperation agreements in the past two months. In May, it reached an agreement with SpaceX to obtain support from over 220,000 NVIDIA GPUs and 300 megawatts of computing power in its data center. In April, it signed multi – billion – dollar computing power agreements with Google, Broadcom, and AWS, and the relevant costs will reach tens of billions of dollars in the next few years.
Techfundingnews points out that Anthropic recently collaborated with Goldman Sachs, Blackstone Group, and Hellman & Friedman to jointly invest $1.5 billion to promote Claude in the enterprise – level application environment. This reflects the growing interest of large enterprises and financial institutions in internal generative AI tools.
Despite its rapid development, Anthropic still faces regulatory challenges. It previously lost a cooperation contract with the US government and was labeled unfavorably by the federal government. Later, the US court dismissed the label on the grounds of violating constitutional rights and exceeding statutory authority, temporarily alleviating the regulatory risk.
According to Bitcoin, at the capital level, investors are enthusiastic. Existing investors have applied for rights issues and hope to complete their positions before the company’s expected IPO at the conclude of this year. Given the financing scale and listing plan, Anthropic will give priority to cooperating with institutions with experience in both public and private market investments.
If this round of financing is completed as expected, Anthropic’s high valuation may drive up the market expectations of other AI startups, including Cohere, Mistral AI, and Aleph Alpha, and even affect the pricing strategies of emerging software companies in Europe and the UK. Investors’ interest in quick – growing infrastructure – related companies may further increase, promoting the capital layout of the entire AI industest.
Currently, Anthropic’s financing neobtainediations are progressing steadily, and the company has not created an official response regarding the financing details and listing schedule.
Source: Financial Times, Techfundingnews, Bitcoin
This article is from the WeChat official account “Zhidongxi” (ID: zhidxcom), author: Xu Jiayang. Republished by 36Kr with authorization.
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