Investor interest in Anthropic has surged, with the company receiving multiple preemptive offers to raise around $50 billion at a valuation between $850 billion and $900 billion. Earlier reports indicated bids were made at an $800 billion valuation, but Anthropic had not committed to fundraising at that time.
The pressure to secure funding is increasing as it could be Anthropic’s final private fundraising round before a potential IPO. A definitive decision regarding the fundraising round and valuation is expected at a board meeting in May, according to TechCrunch.
The anticipated fundraising round is projected to total between $40 billion and $50 billion. However, investor demand is reportedly higher due to the company’s rapid growth, indicating strong market interest.
One institutional investor is reportedly prepared to commit as much as $5 billion but has not yet met with Anthropic CFO Krishna Rao. Anthropic announced its annual revenue run rate has exceeded $30 billion, significantly up from approximately $9 billion at the end of 2025, with current estimates suggesting it could reach closer to $40 billion.
A significant portion of Anthropic’s revenue is derived from its AI coding capabilities, particularly through the Claude Code and Cowork platforms. Investors believe the company could expand into new industries such as finance, life sciences, and healthcare.
In February, Anthropic raised funds at a valuation of $380 billion. Should the company proceed with the current fundraising, it could more than double its valuation and match or surpass that of its chief rival. OpenAI recently closed a record $122 billion round at an $852 billion post-money valuation.
