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Home/Market & Regulation
Market & RegulationInvestment · $65B

Anthropic Nears $1T Valuation with $65B Funding

Crunchbase News·May 28, 2026·high confidence

Why it matters

  • →Anthropic's valuation leapfrogs OpenAI, highlighting its rapid growth and competitive edge.
  • →The $65 billion funding round underscores the intense investor interest in AI technologies.
  • →This capital influx will enable Anthropic to expand its AI tools and customer base significantly.
Anthropic Nears $1T Valuation with $65B Funding
©Crunchbase News

Anthropic has raised $65 billion in a Series H funding round, elevating its valuation to $965 billion and surpassing OpenAI. This funding round was led by prominent investors such as Altimeter Capital and Sequoia Capital, with Amazon also participating. The substantial investment highlights Anthropic's rapid growth and its expanding enterprise customer base. This development marks a significant shift in the AI industry, as Anthropic now leads in valuation among AI companies.

Read original

The story around this

Earlier coverage that leads up to this article, and what followed. Lines connect each piece to the closest one after it, converging here.

Amazon Invests $5B in AI Company Anthropic — Crunchbase News1Anthropic may raise $50B at $900B valuation — TechCrunch AI2Anthropic seeks $900B valuation in funding round — TechCrunch AI3Anthropic and Partners Launch New AI Services Firm — Anthropic4Anthropic Secures $1.5 Billion Wall Street Partnership — Lev Selector5Anthropic Eyes Near-Trillion Valuation in New Funding Round — The AI Daily Brief6Anthropic Overtakes OpenAI in Enterprise AI Adoption — The Rundown AI7Anthropic Secures $30 Billion at $900 Billion Valuation — Lev Selector8Anthropic Nears $1T Valuation with $65B FundingAnthropic's $50B Funding Boosts Startup Investment — Crunchbase News9AI IPO Race Intensifies with Anthropic's Move — WIRED AI10Investors Back Both OpenAI and Anthropic — WIRED AI11Anthropic Valuation Surpasses OpenAI — Matt Wolfe12AMD invests up to $5B in Anthropic — The Verge AI13Apr 24You are hereJul 22

How we got here

  1. 1
    Amazon Invests $5B in AI Company Anthropic

    Crunchbase News · April 24, 2026 · Same story

  2. 2
    Anthropic may raise $50B at $900B valuation

    TechCrunch AI · April 30, 2026 · Same story

  3. 3
    Anthropic seeks $900B valuation in funding round

    TechCrunch AI · April 30, 2026 · Same story

  4. 4
    Anthropic and Partners Launch New AI Services Firm

    Anthropic · May 4, 2026 · Related

  5. 5
    Anthropic Secures $1.5 Billion Wall Street Partnership

    Lev Selector · May 8, 2026 · Same story

  6. 6
    Anthropic Eyes Near-Trillion Valuation in New Funding Round

    The AI Daily Brief · May 12, 2026 · Same story

  7. 7
    Anthropic Overtakes OpenAI in Enterprise AI Adoption

    The Rundown AI · May 14, 2026 · Same story

  8. 8
    Anthropic Secures $30 Billion at $900 Billion Valuation

    Lev Selector · May 22, 2026 · Same story

What happened next

  1. 9
    Anthropic's $50B Funding Boosts Startup Investment

    Crunchbase News · June 3, 2026 · Same story

  2. 10
    AI IPO Race Intensifies with Anthropic's Move

    WIRED AI · June 4, 2026 · Same story

  3. 11
    Investors Back Both OpenAI and Anthropic

    WIRED AI · June 5, 2026 · Same story

  4. 12
    Anthropic Valuation Surpasses OpenAI

    Matt Wolfe · July 1, 2026 · Same story

  5. 13
    AMD invests up to $5B in Anthropic

    The Verge AI · July 22, 2026 · Same story

Follow this story

Open the full story →

Anthropic to Pay xAI $1.25B Monthly for Compute

17 developments

  1. May 20 · TechCrunch AI
    Anthropic to Pay xAI $1.25B Monthly for Compute
  2. May 21 · The Verge AI
    Anthropic Pays $15B Annually for SpaceX Data Centers↳ Anthropic pays $15B annually for SpaceX Colossus data centers with 90-day termination clause.
  3. May 21 · The AI Daily Brief
    Anthropic Expands Compute Partnership with SpaceX
  4. May 28 · Anthropic
    Anthropic raises $65B in Series H funding↳ Anthropic raises $65B in Series H funding at a $965B valuation
  5. May 28 · TechCrunch AI
    Anthropic raises $65B, nears $1T valuation
  6. May 28 · Crunchbase News
    Anthropic Nears $1T Valuation with $65B Funding (This article)
  7. May 29 · The Rundown AI
    Anthropic surpasses OpenAI with Opus 4.8 and $965B valuation↳ Anthropic releases Claude Opus 4.8 which outperforms GPT-5.5 and Gemini 3.1 Pro on key benchmarks.
  8. May 29 · AI Explained
    Anthropic Expands Use of Google Cloud TPUs↳ Anthropic expands compute infrastructure by increasing use of Google Cloud TPUs for AI model development.
  9. May 29 · Crunchbase News
    Anthropic Secures $65B in Series H Funding
  10. May 29 · Lev Selector
    Anthropic Raises $65 Billion at $900 Billion Valuation↳ The new article states the valuation is $900 billion, contradicting earlier reports of $965 billion or $1 trillion.
  11. Jun 1 · Sifted
    Anthropic raises $65bn, nears $1tn valuation
  12. Jun 1 · Sifted
    Anthropic secures $65B funding round
  13. Jun 1 · TechCrunch AI
    Anthropic files for IPO amid $65B funding round
  14. Jun 1 · The Verge AI
    Anthropic files for IPO, eyes massive valuation
  15. Jun 1 · WIRED AI
    Anthropic Files for Potentially Largest IPO
  16. Jun 1 · Crunchbase News
    Anthropic Files Confidentially For IPO
  17. Jun 2 · AI News
    Anthropic IPO signals AI's shift to enterprise focus↳ The filing signals a strategic pivot from research to enterprise utility, introducing predictable pricing and release schedules.

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