Anthropic raises $65 billion, surpassing OpenAI valuation

Anthropic raised $65 billion in a new funding round and reached a $900 billion valuation, surpassing OpenAI.

The artificial intelligence startup behind the Claude chatbot completed the funding round led by Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital. The $900 billion valuation exceeds OpenAI's $852 billion.

The company reported annualized revenue above $47 billion this month, more than five times the figure at the start of the year. Three months earlier, it had raised $30 billion at a $350 billion valuation.

New investors include Micron, Samsung and SK Hynix. Anthropic also signed deals with SpaceX, Google, Broadcom and Amazon.

The firm launched Claude Opus 4.8 today, described as more honest. CEO Dario Amodei leads the company, which plans to use the capital to expand computing capacity.

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A photorealistic illustration of a Memphis data center with SpaceX rocket, depicting Anthropic's major computing deal.
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Anthropic doubles claude code limits after spacex deal

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Anthropic announced a major computing deal with SpaceX on Wednesday that immediately boosts rate limits for Claude Code users. The agreement gives the AI company full access to a large data center in Memphis, Tennessee.

Anthropic has reportedly agreed to pay Google $200 billion over the next five years for access to chips and cloud servers. The deal, reported by The Information, follows an earlier agreement granting the Claude AI creator access to Google's infrastructure. It highlights the massive investments fueling the AI sector.

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Global investors are questioning the returns on massive tech spending in artificial intelligence. Christopher Wood, from Jefferies, identifies Anthropic as a standout in the evolving AI landscape. The AI boom has boosted US equities, but concerns grow over its sustainability.

Anthropic has launched Claude Opus 4.7, a new AI model designed to assist developers with complex coding tasks. The company emphasized its improved instruction-following and memory capabilities. This release follows the earlier announcement of the more advanced Claude Mythos Preview.

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Anthropic has launched the Anthropic Institute, a new research initiative, and opened its first Public Policy office in Washington, DC, this spring. These steps follow the AI company's recent federal lawsuit against the US government over a Defense Department supply chain risk designation tied to a contract dispute.

SoftBank reported a net income of 1.83 trillion yen for its fiscal fourth quarter, far exceeding the average analyst estimate of 295.2 billion yen.

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Music rights company BMG has filed a lawsuit against AI firm Anthropic, alleging unauthorized use of song lyrics to train its Claude chatbot. The complaint claims infringement dates back to Anthropic's founding and involves works by artists including Justin Bieber and Bruno Mars. BMG seeks damages up to $150,000 per infringed work.

 

 

 

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