Anthropic Raises Another $30B in Series G, Valuation Skyrockets to $380B

 Anthropic Raises Another $30B in Series G, Valuation Skyrockets to $380B

Anthropic Raises Another $30B in Series G, Valuation Skyrockets to $380B

In what is now being hailed as the second-largest venture capital deal in history, Anthropic has officially closed a monumental $30 billion Series G funding round, catapulting the artificial intelligence startup’s valuation to a staggering $380 billion.

The announcement, made on Thursday, February 12, marks a stunning acceleration for the maker of the popular Claude AI chatbot. Just five months ago, in September 2025, the company was valued at $183 billion. This new round effectively more than doubles that figure, signaling an insatiable investor appetite for advanced AI development.

Deal Structure and Investors

While initial reports suggested Anthropic was seeking $10 billion—later revised to $20 billion—the company ultimately secured $30 billion in fresh capital, far exceeding its targets.

The round was led by Singapore’s sovereign wealth fund GIC and Silicon Valley venture capital giant Coatue. In an unusual structure, the deal also listed multiple "co-leads," including D. E. Shaw Ventures, Dragoneer, Founders Fund, ICONIQ, and Abu Dhabi’s MGX.

The investor syndicate reads like a "Who’s Who" of global finance. Participants included BlackRock, Blackstone, Fidelity, Goldman Sachs, JPMorgan Chase, Morgan Stanley, Sequoia Capital, and the Qatar Investment Authority (QIA).

Notably, this round incorporates previously announced strategic investments from tech titans Microsoft and Nvidia, which were disclosed in November 2026.

Revenue Explosion and Product Dominance

Anthropic’s ability to command such a high valuation appears firmly rooted in its financial performance. The company revealed that its annualized run-rate revenue has hit $14 billion—a meteoric rise from just $100 million in January 2024 and $1 billion in early 2026.

The primary growth driver has been Claude Code, the company’s coding assistant. According to internal data, Claude Code’s annualized revenue run-rate now exceeds $2.5 billion. Enterprise subscriptions for the product have quadrupled since the start of 2026, with business clients now accounting for over half of all Claude Code revenue.

Anthropic has strategically differentiated itself from consumer-focused rival OpenAI by dominating the enterprise AI market. Its "Claude Cowork" agent, which automates complex white-collar computer tasks, has spooked global software markets in recent weeks, with investors questioning the future of traditional software interfaces.

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Furthermore, Claude has achieved a unique infrastructure status: it is currently the only major AI model deployed across all three leading cloud platforms—Amazon Web Services (AWS), Google Cloud, and Microsoft Azure.

The IPO Horizon

With this $380 billion valuation, speculation regarding Anthropic’s public debut has intensified. Multiple sources, including The New York Times and Crunchbase, indicate that the company is actively considering an Initial Public Offering (IPO) within the next 12 to 18 months.

Should Anthropic proceed, it would be one of the largest technology IPOs in history, positioning itself as a direct institutional rival to OpenAI, which currently holds a $500 billion valuation.

A Contrarian Stance on Regulation

In a move that starkly contrasts with many Big Tech peers, Anthropic accompanied its funding news with a significant political gesture. The company donated $20 million to ‘Public First Action,’ a Super PAC advocating for strict federal AI regulation.

This PAC supports policies including enhanced AI model transparency, export controls on AI chips, and defenses against AI-driven biological and cyber threats. Anthropic stated: "Flexible regulations are needed to maintain AI’s benefits while controlling risks... Companies building AI have a responsibility to help ensure the technology serves the public good." 

This positions Anthropic in a different camp from rivals like OpenAI, whose affiliated PAC, "Leading the Future," has raised approximately $125 million to influence regulatory outcomes.

Total Capital Raised

With the close of Series G, Anthropic has now raised nearly $64 billion since its founding in 2021. This war chest is essential for the compute-intensive race ahead. As rivals like Google announce capital expenditure budgets nearing $185 billion, Anthropic’s funding ensures it can continue to secure critical Nvidia GPU supplies and expand its frontier research divisions.

Industry Context

Anthropic’s massive raise occurs against a backdrop of an intensifying AI arms race. OpenAI is reportedly in talks to raise an additional $100 billion, which could value that company at approximately $830 billion.

Despite this, Anthropic’s rapid growth—doubling valuation in five months and achieving a $14 billion revenue run-rate—demonstrates that the enterprise AI market is not a winner-take-all scenario, but rather a massive, expanding ecosystem capable of sustaining multiple giants.