TechnologyBloomberg TechnologyFri, May 29, 2026, 4:58 PMPositive

Anthropic Raises at $965 Billion Valuation, Eclipsing OpenAI

Anthropic PBC has successfully raised $65 billion in a funding round, achieving a valuation of $965 billion, which surpasses rival OpenAI for the first time. This funding round was led by prominent investors including Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital, each contributing over $2 billion.

WPN Brief

  • What Happened

    Anthropic PBC has successfully raised $65 billion in a funding round, achieving a valuation of $965 billion, which surpasses rival OpenAI for the first time. This funding round was led by prominent investors including Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital, each contributing over $2 billion.

  • Why It Matters

    This significant financial milestone highlights Anthropic's rapid growth and increasing competitiveness in the artificial intelligence sector, positioning it as the world's most valuable AI startup.

  • The Bigger Picture

    The funding underscores the ongoing competition between AI firms, particularly as Anthropic's valuation now exceeds OpenAI's, reflecting a shift in investor confidence and market dynamics within the rapidly evolving technology landscape.

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