Anthropic is poised to raise $10 billion, targeting a valuation of $350 billion, with key investments from GIC and Coatue Management.
Anthropic, the company behind the AI chatbot Claude, is set to secure $10 billion in new funding, targeting a staggering valuation of $350 billion, as reported by sources from the Wall Street Journal.
The funding round will be spearheaded by GIC, Singapore's sovereign wealth fund, alongside investment firm Coatue Management.
This new valuation marks a significant increase from last September, when Anthropic was valued at $183 billion following a $13 billion Series F funding round.
Additionally, Nvidia and Microsoft are expected to contribute up to $15 billion to Anthropic, with the deal anticipated to finalize in the coming weeks, although the total investment could be subject to change.
Management at Anthropic projects that the company will reach breakeven by 2028, outpacing its main rival, OpenAI, in this regard. They also have plans for an initial public offering by 2026.
The enthusiasm surrounding AI startups shows no signs of waning, following a record-breaking 2025. According to Crunchbase, the artificial intelligence sector garnered nearly 50% of all global venture capital in the past year, with total investments exceeding $200 billion. OpenAI's $41 billion funding round, supported by SoftBank, was the largest deal during this time.
In December, major U.S. tech companies formed the Agentic AI Foundation to create standards for AI agents.
