Upgrade to SI Premium - Free Trial

Anthropic raises $65B in Series H funding at $965B valuation

May 28, 2026 2:43 PM

Investing.com -- Anthropic has raised $65 billion in Series H funding at a post-money valuation of $965 billion, the artificial intelligence company announced Thursday.


The funding round was led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital, with co-leadership from Capital Group, Coatue, D1 Capital Partners, GIC, ICONIQ, and XN.


Anthropic’s run-rate revenue crossed $47 billion earlier this month, according to Krishna Rao, Chief Financial Officer of Anthropic. The company said adoption has grown across global enterprise customers since its Series G funding round in February.


The funding will advance safety and interpretability research, expand compute capacity to meet demand for Claude, and scale products and partnerships, the company said.


Significant investors in the round include AMP PBC, Baillie Gifford, Blackstone, Brookfield, D.E. Shaw Ventures, DST Global, Fidelity Management & Research Company, General Catalyst, Insight Partners, Jane Street, Lightspeed Venture Partners, MGX, NTTVC, NX1 Capital, Situational Awareness LP, T. Rowe Price Associates, Inc., T. Rowe Price Investment Management, Inc., and Temasek. The round includes $15 billion of previously committed investments from hyperscalers, including $5 billion from Amazon (NASDAQ: AMZN).


Strategic infrastructure partners Micron (NASDAQ: MU), Samsung, and SK hynix also participated in the funding round.


Anthropic has expanded its compute capacity in recent weeks, signing agreements with Amazon for up to five gigawatts of new capacity, with Google (NASDAQ: GOOGL) and Broadcom (NASDAQ: AVGO) for five gigawatts of next-generation TPU capacity, and with SpaceX for access to GPU capacity in Colossus 1 and Colossus 2.


Claude is available on Amazon Web Services, Google Cloud, and Microsoft (NASDAQ: MSFT) Azure, with AWS remaining Anthropic’s primary cloud provider and training partner.

Categories

General News Investing