/images/ppid_59c68470-image-177999753476232838.webp)
![[WATCH] ‘Give him the freedom’ - Sachin Tendulkar’s massive statement on Vaibhav Sooryavanshi’s future as Test batter](https://glance-mob.glance-cdn.com/public/cardpress/binge-magazine-card-generation/spaces/IN/en/crictracker-spaces/images/ppid_49c02804-image-17802100282323872.webp)
What is the story about?
Anthropic said on Thursday, May 28, it has raised $65 billion at a post-money valuation of $965 billion, aiming to expand computing capacity to meet growing demand for its chatbot Claude and scale its products.
The new valuation after the series H funding round puts Anthropic ahead of rival OpenAI, which was last valued at $852 billion post-money in March.
"Since our series G in February, adoption has continued to grow across global enterprise customers, and our run-rate revenue crossed $47 billion earlier this month," Anthropic said.
Anthropic was valued at $380 billion in February, after raising $30 billion.
The latest round was led by Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital. It comprises $15 billion of previously committed investments from hyperscalers, including $5 billion from Amazon.
Amazon had said in April it would invest up to $25 billion in Anthropic, as the AI startup commits to spending more than $100 billion over the next 10 years on Amazon's cloud technologies. This is in addition to the $8 billion Amazon previously invested in the company.
The new valuation after the series H funding round puts Anthropic ahead of rival OpenAI, which was last valued at $852 billion post-money in March.
"Since our series G in February, adoption has continued to grow across global enterprise customers, and our run-rate revenue crossed $47 billion earlier this month," Anthropic said.
Anthropic was valued at $380 billion in February, after raising $30 billion.
The latest round was led by Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital. It comprises $15 billion of previously committed investments from hyperscalers, including $5 billion from Amazon.
Amazon had said in April it would invest up to $25 billion in Anthropic, as the AI startup commits to spending more than $100 billion over the next 10 years on Amazon's cloud technologies. This is in addition to the $8 billion Amazon previously invested in the company.
/images/ppid_a911dc6a-image-178021143172979033.webp)
