Artificial IntelligenceBloomberg TechnologyThu, May 28, 2026, 6:22 PMPositive

Anthropic Valued at $965 Billion After Latest Funding Round, Eclipsing OpenAI

Anthropic PBC has successfully raised $65 billion in a funding round, achieving a valuation of $965 billion, which surpasses that of its competitor OpenAI for the first time. This significant financial milestone underscores the rapid growth and increasing competition in the artificial intelligence sector.

Anthropic Valued at $965 Billion After Latest Funding Round, Eclipsing OpenAI

WPN Brief

  • What Happened

    Anthropic PBC has successfully raised $65 billion in a funding round, achieving a valuation of $965 billion, which surpasses that of its competitor OpenAI for the first time. This significant financial milestone underscores the rapid growth and increasing competition in the artificial intelligence sector.

  • Why It Matters

    This funding round not only elevates Anthropic's market position but also reflects the growing investor confidence in its AI technologies, particularly as the company is on track to achieve its first profitable quarter.

  • The Bigger Picture

    The development highlights a pivotal moment in the AI landscape, where Anthropic's Claude model has begun to outpace OpenAI's ChatGPT in business adoption, indicating a shift in market dynamics and the competitive strategies of both companies as they vie for dominance in the rapidly evolving AI industry.

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More coverage on this story

9 reports across the wire

Bloomberg Technology
May 28

Anthropic Raises $65 Billion in Funding Round, Eclipses OpenAI

Anthropic PBC has successfully raised $65 billion in a funding round, achieving a valuation of $965 billion, surpassing OpenAI for the first time. This funding marks a significant milestone in the competitive landscape of artificial intelligence, highlighting Anthropic's rapid growth and increasing influence in the sector.

Artificial Intelligencepositive
Bloomberg Technology
May 22

Anthropic to Close Over $30 Billion Round as Soon as Next Week

Anthropic PBC is poised to close a funding round exceeding $30 billion, potentially elevating its valuation to over $900 billion, making it the most valuable AI startup globally, surpassing OpenAI. This funding is expected to finalize as soon as next week, reflecting strong investor confidence in Anthropic's growth trajectory.

Artificial Intelligencepositive
Crunchbase News
May 28

Anthropic Nears $1T Valuation And Leapfrogs OpenAI On Unicorn Board With Massive Funding Round

Anthropic has announced a significant milestone by raising $65 billion in a Series H funding round, resulting in a post-money valuation of approximately $965 billion, which positions it as the most valuable AI startup, surpassing OpenAI.

Artificial Intelligencepositive
NYT — Technology
May 28

Anthropic Tops OpenAI to Become the World’s Most Valuable A.I. Start-Up

Anthropic has raised $65 billion in a funding round, elevating its valuation to $965 billion, surpassing OpenAI's valuation of $730 billion. This marks a significant milestone in the competitive landscape of artificial intelligence, particularly as both companies vie for dominance in the sector. Anthropic's latest model, Claude Opus 4.8, is noted for its advanced capabilities in coding from conversational prompts.

Artificial Intelligencepositive
The Guardian — Artificial Intelligence
May 28

Anthropic reaches valuation of $965bn, beating OpenAI to become world’s most valuable AI firm

Anthropic, the parent company of the Claude chatbot, has raised $65 billion in its latest funding round, achieving a post-money valuation of $965 billion, making it the most valuable AI firm globally, surpassing OpenAI. This funding underscores the significant financial investments still flowing into the AI industry.

Artificial Intelligencepositive
Techmeme
May 28

Anthropic raised a $65B Series H at a $965B post-money valuation, overtaking OpenAI's $852B valuation, and says its revenue run rate crossed $47B this month (New York Times)

Anthropic has successfully raised $65 billion in a Series H funding round, achieving a post-money valuation of $965 billion, surpassing OpenAI's valuation of $852 billion. This funding milestone positions Anthropic as the most valuable AI startup globally.

Artificial Intelligencepositive
Bloomberg Technology
May 20

Anthropic on Pace for First Profitable Quarter as Revenue Surges

Anthropic PBC is on track to achieve its first profitable quarter, driven by a significant increase in revenue attributed to the rising demand for its artificial intelligence software. This surge reflects the company's growing market presence and the effectiveness of its strategic initiatives.

Artificial Intelligencepositive
Techmeme
May 17

Analysis: 34 leading AI startups are generating ~$80B in annualized revenue, up 112% from six months ago, with Anthropic and OpenAI capturing 89% of the revenue (The Information)

A recent analysis reveals that 34 leading AI startups are generating approximately $80 billion in annualized revenue, marking a significant increase of 112% from six months ago. Notably, Anthropic and OpenAI are dominating this market, capturing 89% of the total revenue generated by these startups.

Artificial Intelligencepositive
Bloomberg Technology
May 20

Anthropic to Pay SpaceX Nearly $45 Billion for Computing Deal

Anthropic PBC has entered into a significant agreement to pay SpaceX nearly $45 billion over the next three years for computing resources to support its Claude artificial intelligence software. This deal, detailed in a securities filing, marks a substantial investment in AI infrastructure.

Artificial Intelligencepositive

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