Anthropic’s Monumental $10 Billion Funding Round Elevates Valuation to $350 Billion
Anthropic, a leading artificial intelligence (AI) research company, is reportedly in the process of securing a substantial $10 billion in new funding, which would elevate its valuation to an impressive $350 billion. This development, initially reported by The Wall Street Journal and subsequently confirmed by TechCrunch through a source familiar with the matter, underscores the rapid growth and escalating investor confidence in the AI sector.
A Rapid Ascension in Valuation
This latest funding round marks a significant milestone for Anthropic, nearly doubling its valuation from just three months prior. In September 2025, the company raised $13 billion in a Series F round, achieving a valuation of $183 billion. Earlier in March 2025, Anthropic secured $3.5 billion at a $61.5 billion valuation. This trajectory highlights the company’s accelerated growth and the increasing market demand for advanced AI solutions.
Key Investors and Strategic Partnerships
The forthcoming funding round is expected to be led by Coatue Management and GIC, Singapore’s sovereign wealth fund, as per sources cited by The Wall Street Journal. The deal is anticipated to close in the coming weeks, though the total amount may be subject to change.
In addition to this funding, Anthropic has recently entered into a strategic agreement with tech giants Nvidia and Microsoft. This circular deal involves Nvidia and Microsoft committing $15 billion to Anthropic, with the company reciprocating by purchasing $30 billion worth of compute capacity from Microsoft Azure, which operates on Nvidia’s chips. This partnership not only provides Anthropic with substantial computational resources but also strengthens its position in the competitive AI landscape.
Innovations and Market Expansion
Anthropic’s rapid growth can be attributed to its continuous innovation and expansion into new markets. The company’s AI coding assistant, Claude Code, powered by Claude Opus 4.5, has gained significant traction among developers. This tool automates coding tasks, enhancing efficiency and productivity, and has become a favorite in the developer community.
Furthermore, Anthropic is reportedly preparing for a potential initial public offering (IPO) later this year, positioning itself alongside its main competitor, OpenAI. OpenAI is also in discussions to raise up to $100 billion, aiming for a valuation of up to $830 billion. This indicates a highly competitive environment in the AI sector, with leading companies vying for substantial market share and investment.
Strategic Infrastructure Investments
To support its ambitious growth plans, Anthropic has announced a $50 billion investment in data center infrastructure. Partnering with UK-based neocloud provider Fluidstack, the company plans to build state-of-the-art data centers across the United States, with facilities in Texas and New York expected to come online throughout 2026. These centers are designed to be custom-built for Anthropic, focusing on maximizing efficiency for AI workloads. This substantial investment underscores Anthropic’s commitment to developing infrastructure capable of supporting advanced AI research and deployment.
Financial Projections and Market Position
Anthropic’s financial projections reflect its aggressive growth strategy. The company anticipates generating up to $70 billion in revenue and $17 billion in cash flow by 2028. This optimistic outlook is driven by the rapid adoption of Anthropic’s business products and the expanding demand for AI solutions across various industries.
In the competitive landscape, Anthropic’s valuation and funding efforts are noteworthy. For instance, Cognition AI, the startup behind AI coding agent Devin, recently raised $400 million, reaching a valuation of $10.2 billion. Similarly, Mercor, which connects AI labs with domain experts for training foundational AI models, raised $350 million at a $10 billion valuation. These figures highlight the substantial investments flowing into the AI sector and the high valuations that leading companies are achieving.
Conclusion
Anthropic’s latest funding round and strategic initiatives underscore its rapid ascent in the AI industry. With substantial investments, innovative products like Claude Code, and strategic partnerships with tech giants, the company is well-positioned to continue its growth trajectory. As Anthropic prepares for a potential IPO and further expansion, it exemplifies the dynamic and competitive nature of the AI sector, where innovation and strategic investments are key drivers of success.
