Anthropic nears $1T valuation after $65B raise as Claude demand accelerates

The new funding will expand compute, research, and partnerships as Anthropic scales Claude across enterprise customers.

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Add us on Google by Estefano Gomez May. 28, 2026

Anthropic raised $65 billion in Series H funding at a $965 billion post money valuation, bringing the company close to a $1 trillion valuation as Claude adoption accelerates across global enterprises.

The round was led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital. Anthropic said the funding will support safety and interpretability research, expand compute capacity to meet rising demand for Claude, and scale the products and partnerships used by its customers.

The company said global enterprises are deploying Claude in core operations, while more people are using the AI assistant for everyday work. Since Anthropic’s Series G in February, adoption has continued to grow across enterprise customers, and run rate revenue crossed $47 billion earlier this month.

Krishna Rao, Anthropic’s chief financial officer, said the funding will help the company meet surging demand for Claude, expand tools such as Claude Code and Cowork, and keep investing at the research frontier.

The round was co led by Capital Group, Coatue, D1 Capital Partners, GIC, ICONIQ, and XN, with participation from major backers including Blackstone, Brookfield, Fidelity, General Catalyst, Insight Partners, and Jane Street, among others.

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The round also included $15 billion of previously committed investments from hyperscalers, including $5 billion from Amazon. Anthropic said strategic infrastructure partners Micron, Samsung, and SK hynix are also participating, with their memory, storage, and logic chip technologies expected to support Claude’s compute expansion.

Anthropic said it has significantly expanded compute capacity in recent weeks. The company signed agreements with Amazon for up to five gigawatts of new capacity, Google and Broadcom for five gigawatts of next generation TPU capacity, and SpaceX for access to GPU capacity in Colossus 1 and Colossus 2.

Claude is available on Amazon Web Services, Google Cloud, and Microsoft Azure, making it the first frontier model available across the world’s three largest cloud platforms. Anthropic said AWS remains its primary cloud provider and training partner.

The funding announcement comes as Anthropic continues to expand its model lineup. Earlier today, the company launched Claude Opus 4.8, a new version of its flagship model with stronger performance across coding, agentic tasks, reasoning, and practical knowledge work.

Anthropic also said it plans to bring its more advanced Mythos class models to customers in the coming weeks after developing stronger cybersecurity safeguards.

“Claude’s latest advancements have driven large scale adoption among the world’s most demanding organizations. This momentum positions Anthropic to lead the next phase of AI innovation and capture the enormous opportunity ahead,” said Brad Gerstner, founder and CEO of Altimeter Capital.

Marc Stad, managing partner at Dragoneer, said Anthropic is helping pull forward a future where intelligence becomes a critical part of how businesses operate and how products reach the world.

Neil Mehta, founder and managing partner at Greenoaks, said Anthropic’s culture, mission, and commercial momentum have reinforced each other as the company scales.

Alfred Lin, partner at Sequoia Capital, said startups and Global 5000 companies are deploying Claude to handle complex workflows, helping the model learn how businesses operate across context, processes, and judgment.

The raise adds fresh capital to one of the fastest growing companies in AI as demand for compute, enterprise automation, coding agents, and frontier model access continues to intensify.

Disclosure: This article was edited by Estefano Gomez. For more information on how we create and review content, see our Editorial Policy.