Anthropic raises $65B in Series H funding at $965B post-money valuation

Summary

Anthropic says it has raised $65 billion in Series H funding at a $965 billion post-money valuation, with the round led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital. The company says its run-rate revenue crossed $47 billion earlier this month and that the financing will support safety and interpretability research, additional compute, and expanded products and partnerships. It reports agreements for up to five gigawatts of new Amazon capacity, five gigawatts of next-generation TPU capacity with Google and Broadcom, and GPU access in SpaceX’s Colossus 1 and Colossus 2; AWS remains its primary cloud provider and training partner. The round includes $15 billion in previously committed hyperscaler investments, including $5 billion from Amazon, alongside strategic infrastructure partners Micron, Samsung, and SK hynix.

Takeaways

1. 1

   Anthropic reports that its run-rate revenue crossed $47 billion earlier this month, following continued adoption among global enterprise customers.

2. 2

   Claude is described as the first frontier model available on Amazon Web Services, Google Cloud, and Microsoft Azure.

3. 3

   The round includes $15 billion in previously committed hyperscaler investments, including $5 billion from Amazon, plus strategic infrastructure relationships with Micron, Samsung, and SK hynix.