Investor interest in Anthropic has surged.
The developer of the Claude AI assistant has attracted numerous offers to raise new capital in the $50 billion range, valuing the company between $850 billion to $900 billion, according to several sources. Bloomberg and Business Insider had previously reported that Anthropic received offers at an $800 billion valuation, but the company hadn’t committed to fundraising at that time.
Anthropic faces pressure to secure additional funding, potentially its last private round before an IPO. A decision on the round’s size and valuation is expected at a board meeting in May, according to a source.
The round might raise $40 billion to $50 billion, but investor interest appears even greater due to the company’s rapid growth. An institutional investor willing to invest $5 billion still hasn’t secured a meeting with Anthropic CFO Krishna Rao, per a source.
Anthropic’s annual revenue run rate surpassed $30 billion this month, up from around $9 billion at the end of 2025. It’s currently nearing $40 billion, according to someone familiar with the financials.
Anthropic declined to comment.
A significant portion of revenue comes from AI coding capabilities through its Claude Code and Cowork platforms. Investors see potential for expansion into sectors like finance, life sciences, and healthcare.
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Anthropic’s last round was raised at a $380 billion valuation in February. If the current fundraising proceeds as described, it would more than double its valuation, matching or surpassing its main competitor. In February, OpenAI closed a $122 billion round with an $852 billion post-money valuation.