Anthropic raises $30B Series G at $380B valuation

Summary

Anthropic announces a $30 billion Series G led by GIC and Coatue, with participation from major investors, valuing the company at $380 billion post-money. It says proceeds will support frontier research, product development, and infrastructure expansion as demand for Claude grows among enterprises and developers. Anthropic reports $14 billion in run-rate revenue, more than 500 customers spending over $1 million annually, and eight of the Fortune 10 as customers. Claude Code’s run-rate revenue exceeds $2.5 billion, enterprise use accounts for more than half of its revenue, and an analysis estimated 4% of GitHub public commits. The company also points to Opus 4.6, expanded products including Cowork, and availability across AWS, Google Cloud, and Microsoft Azure, with training and inference across Trainium, TPUs, and NVIDIA GPUs.

Takeaways

1. 1

   The round was led by GIC and Coatue and co-led by D. E. Shaw Ventures, Dragoneer, Founders Fund, ICONIQ, and MGX; it includes part of previously announced Microsoft and NVIDIA investments.

2. 2

   Claude Code’s run-rate revenue has surpassed $2.5 billion. Business subscriptions have quadrupled since the start of 2026, and enterprise use accounts for more than half of its revenue.

3. 3

   Claude is available through AWS Bedrock, Google Cloud Vertex AI, and Microsoft Azure Foundry. Anthropic trains and runs it on AWS Trainium, Google TPUs, and NVIDIA GPUs.