Anthropic announced a $30 billion Series G fundraising round on Thursday, raising its valuation to $380 billion from $183 billion in its prior Series F round. Singaporean wealth fund GIC and investment firm Coatue co-led the round, with other firms participating amid competition from OpenAI.
Bloomberg reported initial details of the fundraising earlier in the week. The Series G round saw co-leadership from D. E. Shaw Ventures, Peter Thiel’s Founders Fund, and Abu Dhabi’s MGX. These investors joined to support Anthropic’s growth in the AI sector.
Additional significant participants included Accel, General Catalyst, Jane Street, and the Qatar Investment Authority, along with many others. This broad investor base underscores the capital inflow into Anthropic as it develops its AI technologies.
Anthropic competes with OpenAI for customers and cultural prominence in the AI industry. OpenAI recently disclosed plans to secure an additional $100 billion in funding, which would elevate its valuation to approximately $830 billion if achieved.
Krishna Rao, Anthropic’s chief financial officer, commented in a press release: “Whether it is entrepreneurs, startups, or the world’s largest enterprises, the message from our customers is the same: Claude is increasingly becoming more critical to how businesses work.” Rao added: “This fundraising reflects the incredible demand we are seeing from these customers, and we will use this investment to continue building the enterprise-grade products and models they have come to depend on.”
