TLDR
- Anthropic is weighing a $40 billion to $50 billion funding round.
- The round could value Anthropic between $850 billion and $900 billion.
- Anthropic last raised funds at a $380 billion valuation in February.
- The company’s annual revenue run rate has passed $30 billion.
- A potential IPO could follow after another private funding round.
Anthropic is weighing a new private funding round that could value the Claude AI developer between $850 billion and more than $900 billion, as investor demand for leading artificial intelligence companies continues to rise.
According to reports, the company has received multiple preemptive offers for a raise of about $40 billion to $50 billion. No final decision has been made, and the company is expected to review the possible round and valuation at a board meeting in May.
BREAKING: Anthropic is considering a new funding round that would value the company at more than $900 billion.
This would make Anthropic even more valuable than OpenAI.
— The Kobeissi Letter (@KobeissiLetter) April 29, 2026
The potential raise could be Anthropic’s final private funding round before a possible public listing. The company last raised capital in February at a $380 billion valuation.
Investor Demand Builds Around Anthropic
Investor interest has increased as Anthropic reports rapid revenue growth from its Claude AI models and related enterprise tools. The company said its annual revenue run rate has passed $30 billion, up from about $9 billion at the end of 2025.
Some people familiar with the company’s financials said the current run rate is closer to $40 billion. Much of the growth has been tied to AI coding products, including Claude Code and Cowork.
Institutional investors are seeking access to the next round, with some prepared to commit billions of dollars. Demand appears to exceed the size of the possible raise, though Anthropic has not accepted any offer.
Valuation Could Rival OpenAI
A funding round above $850 billion would place Anthropic close to OpenAI’s most recent private valuation. OpenAI was valued at about $852 billion after a large funding round earlier this year.
If Anthropic secures a valuation above $900 billion, it could become one of the most valuable private AI companies in the world. The reported discussions follow earlier investor approaches at around $800 billion.
The company is led by CEO Dario Amodei and has major backing from firms including Google and Amazon. Google has reportedly discussed a performance-based investment package worth up to $40 billion, including initial funding and computing support tied to milestones.
Claude Growth Drives IPO Speculation
Anthropic’s growth has increased expectations that the company may pursue an initial public offering. Reports have suggested an IPO could come as early as October, though timing remains uncertain.
The company’s revenue expansion has been driven by enterprise adoption of Claude models, especially in software development. Investors also see potential for Anthropic to expand into finance, healthcare, life sciences, and other regulated industries.
The AI sector continues to require large amounts of capital for model training, infrastructure, talent, and computing power. That need has kept private funding activity high among leading AI labs.
Anthropic has declined to comment on the reported fundraising discussions. Any new round would depend on board approval, investor terms, and the company’s decision on whether to remain private longer or move toward public markets.
