Anthropic, a leading artificial intelligence (AI) research company, is reportedly increasing its latest funding round to $20 billion, doubling its initial target of $10 billion. This substantial raise is expected to value the company at approximately $350 billion, positioning it among the most valuable private technology firms globally. ([techcrunch.com](https://techcrunch.com/2026/01/27/anthropic-reportedly-upped-its-latest-raise-to-20b/?utm_source=openai))
The decision to amplify the funding goal stems from overwhelming investor interest, with demand reportedly exceeding initial expectations by five to six times. Prominent investors anticipated to participate in this round include Sequoia Capital, Singapore’s sovereign wealth fund GIC, and investment management firm Coatue. ([cryptobriefing.com](https://cryptobriefing.com/anthropic-targets-20b-raise/?utm_source=openai))
This development follows Anthropic’s impressive Series F funding round in September 2025, where the company secured $13 billion, elevating its post-money valuation to $183 billion. The round was co-led by ICONIQ Capital, Fidelity Management & Research Company, and Lightspeed Venture Partners, with participation from other significant investors such as BlackRock, Blackstone, and the Qatar Investment Authority. ([am.gs.com](https://am.gs.com/en-us/advisors/news/press-release/2025/anthropic?utm_source=openai))
Anthropic’s rapid growth trajectory is underscored by its flagship AI products, including the widely adopted Claude and Claude Code. Since the launch of Claude in March 2023, the company has experienced exponential growth in demand across its customer base. By the beginning of 2025, less than two years after launch, Anthropic’s run-rate revenue had grown to approximately $1 billion. By August 2025, just eight months later, the run-rate revenue reached over $5 billion, making Anthropic one of the fastest-growing technology companies in history. ([am.gs.com](https://am.gs.com/en-us/advisors/news/press-release/2025/anthropic?utm_source=openai))
The company’s success is attributed to its focus on safety, frontier research, and the performance and reliability of its models. Anthropic now serves over 300,000 business customers, with the number of large accounts—customers representing over $100,000 in run-rate revenue—growing nearly sevenfold in the past year. ([am.gs.com](https://am.gs.com/en-us/advisors/news/press-release/2025/anthropic?utm_source=openai))
In addition to its financial achievements, Anthropic has formed strategic partnerships to bolster its technological capabilities. In November 2024, the company raised an additional $4 billion from Amazon and agreed to train its flagship generative AI models primarily on Amazon Web Services (AWS). This collaboration includes working with AWS’s chipmaking division, Annapurna Labs, to develop future generations of Trainium accelerators, AWS’s custom-built chips for training AI models. ([techcrunch.com](https://techcrunch.com/2024/11/22/anthropic-raises-an-additional-4b-from-amazon-makes-aws-its-primary-cloud-partner/?utm_source=openai))
Furthermore, in October 2025, Anthropic announced a cloud partnership with Google, granting it access to up to one million of Google’s custom Tensor Processing Units (TPUs). This partnership aims to bring more than one gigawatt of AI compute capacity online by 2026, significantly enhancing Anthropic’s computational resources. ([en.wikipedia.org](https://en.wikipedia.org/wiki/Anthropic?utm_source=openai))
The company’s commitment to AI safety and research is evident in its initiatives to develop systems that are more steerable, robust, and interpretable. Since its founding in 2021, Anthropic has conducted research into making systems that are more aligned with human preferences, including developing baseline techniques to make large language models more helpful and harmless. ([anthropic.com](https://www.anthropic.com/news/anthropic-raises-series-b-to-build-safe-reliable-ai?utm_source=openai))
As Anthropic continues to expand its technological capabilities and market presence, the forthcoming $20 billion funding round is poised to further solidify its position as a leader in the AI industry. The company’s strategic partnerships, rapid revenue growth, and commitment to AI safety underscore its potential to drive significant advancements in artificial intelligence applications across various sectors.
In summary, Anthropic’s decision to double its latest funding round to $20 billion reflects the company’s remarkable growth and the high level of confidence investors have in its future prospects. With a valuation projected at $350 billion, Anthropic is set to continue its trajectory as a dominant force in the AI landscape, delivering innovative solutions and maintaining a steadfast commitment to safety and ethical AI development.