Anthropic PBC is set to complete a funding round exceeding $30 billion as soon as next week, with a post-money valuation above $900 billion [1, 2, 3, 4]. The round is expected to be co-led by Sequoia Capital, Dragoneer Investment Group, Altimeter Capital, and Greenoaks Capital Partners, each committing around $2 billion [1, 2, 3, 4]. Existing investors, including Peter Thiel’s Founders Fund and General Catalyst, plan to participate as well [1, 3, 4].
Founded in 2021 by former OpenAI employees, Anthropic has quickly become a major player in AI, focusing on business applications such as coding and cybersecurity [1, 3]. The company forecasts $10.9 billion in revenue for the second quarter of 2026, more than double its previous quarterly revenue, positioning it for its first profitable quarter [1, 3, 4]. Its annualized revenue run rate is projected to surpass $50 billion by the end of May 2026 [3, 4].
Anthropic has also signed a nearly $45 billion deal with SpaceX to increase its computational capacity for large AI models, enhancing its infrastructure capabilities [4]. Both Anthropic and its rival OpenAI are expected to go public, potentially via IPO or direct listing, as soon as fall 2026 [1, 3].
The terms and commitments of the funding round are still being finalized and could change before closing [1, 3, 4]. Reports first emerged yesterday that the deal was near completion [1].
Anthropic began financing discussions in early May 2026 after multiple inbound proposals in late April [1, 3]. The company aims to surpass the $50 billion annualized revenue milestone by the end of this month [3, 4].
