Anthropic raises $65 billion as Claude demand surges

Written by Joseph Nordqvist

Published: 16:33, May 28, 2026

Anthropic has raised $65 billion in new funding, giving the artificial intelligence company a post-money valuation of $965 billion.

The Series H round was led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital. Other investors included Capital Group, Coatue, D1 Capital Partners, GIC, ICONIQ, XN, Fidelity, General Catalyst, Insight Partners, Blackstone, Brookfield, Temasek, and T. Rowe Price.

The round highlights the huge sums now flowing into companies building frontier AI systems. Anthropic was valued at $380 billion in February after raising $30 billion. Reuters, Axios and AP reported that the latest valuation moves Anthropic ahead of OpenAI in private-market value.

Anthropic said demand for Claude has continued to grow among global enterprise customers. The company said its run-rate revenue crossed $47 billion earlier this month.

The funding will be used to expand compute capacity, support safety and interpretability research, and scale the Claude products used by businesses.

The round also includes $15 billion in previously committed investments from hyperscalers, including $5 billion from Amazon.

Compute has become one of the biggest constraints in the AI race. Anthropic said it has recently signed agreements with Amazon for up to five gigawatts of new capacity, with Google and Broadcom for five gigawatts of next-generation TPU capacity, and with SpaceX for access to GPU capacity in Colossus (a huge AI supercomputer data center complex).

The company also named Micron, Samsung, and SK hynix as strategic infrastructure partners, pointing to the growing importance of memory, storage, and chip supply in scaling AI systems.

Anthropic said Claude is available across Amazon Web Services, Google Cloud, and Microsoft Azure, while AWS remains its primary cloud provider and training partner.

The round shows that investors are not just backing model performance but also enterprise adoption, distribution, compute access, and the infrastructure needed to turn AI systems into everyday business tools.

Joseph Nordqvist Avatar

Other News

SOCAR and Comstock set a $1.65 billion framework for Haynesville gas investment

Sep 28, 2026

HCLSoftware plans Robotiq.ai deal to connect AI agents with older business systems

Sep 28, 2026

ONS research says payroll records could sharpen the UK labor market picture

Sep 28, 2026

Select Water agrees $700 million deal for Pilot Water’s oilfield network

Sep 27, 2026

US firms are pulling back investment in China, Federal Reserve analysis finds

Sep 26, 2026

NetApp plans PEAK:AIO acquisition to scale storage for larger AI clusters

Sep 26, 2026

Bank AI use was linked to a smaller share of small-business lending, Fed study finds

Sep 26, 2026

Iridium shareholders approve Rocket Lab takeover: what still has to happen

Sep 25, 2026

Akamai’s 11.6 billion dollar Anthropic deal ties cloud revenue to a 5.5 billion dollar buildout

Sep 25, 2026

Bentley completes 350 million pound Crewe investment as it unveils its first electric vehicle

Sep 25, 2026

Falling birth rates did not reduce total output in historical data, NBER study finds

Sep 25, 2026

Cheaper renewable power does not solve the capital problem for poorer countries

Sep 25, 2026

Facial payments may feel novel, but money worries can curb repeat use

Sep 24, 2026

Precision farming cuts water use while raising crop yields, study finds

Sep 24, 2026

EU allocates €505m to Lebanon for recovery, reforms and basic services

Sep 23, 2026

Alcoa raises $2.6bn in notes to fund South32 aluminium-assets deal

Sep 23, 2026

UK workplace health plan targets preventable exits from employment

Sep 23, 2026

IMF says Sri Lanka’s recovery is holding, but the next review is still unresolved

Sep 23, 2026

OECD sees global growth holding up after energy shock, but forecasts higher inflation

Sep 23, 2026

QAD and Redzone plan NVIDIA-powered AI for factory data and production planning

Sep 22, 2026