Anthropic has closed one of the largest private funding rounds in history, raising $30 billion in a Series G that values the company at $380 billion post-money, more than double its valuation from just five months ago, as investor appetite for frontier AI labs shows no signs of cooling.
The round, announced Thursday by the company, was co-led by Singapore’s sovereign wealth fund GIC and Coatue Management, with major participation from D. E. Shaw Ventures, ICONIQ, MGX, Founders Fund, Accel, General Catalyst, Jane Street, and the Qatar Investment Authority, among others. It also incorporates previously announced commitments from Nvidia and Microsoft.
The new valuation more than doubles Anthropic’s $183 billion post-money mark from its Series F in September 2025, reflecting explosive growth in enterprise adoption of its Claude models. The company now reports $14 billion in annualized run-rate revenue, which has grown more than 10x annually for three consecutive years. Claude Code alone has surpassed $2.5 billion in run-rate revenue.
In its announcement, Anthropic signaled strong IPO ambitions, stating it is preparing for a public listing that could happen later in 2026, potentially one of the largest tech IPOs in history.
Dario Amodei, Anthropic’s co-founder and CEO, said the capital will fuel continued investment in frontier models, enterprise-grade products, security, reliability, and infrastructure scaling. The company now has more than 500 customers spending over $1 million annually on its AI products.
This latest megaround cements Anthropic’s position as one of the most valuable private AI companies in the world, trailing only OpenAI (which raised $40 billion in 2025 at a higher implied valuation) and placing it ahead of SpaceX in some rankings of private tech unicorns.
The funding frenzy in frontier AI shows little sign of slowing. With both Anthropic and OpenAI now signaling public market debuts in 2026, investors are placing enormous bets that these labs will dominate the next decade of enterprise AI infrastructure, even as questions around profitability, regulation, and compute costs loom large. For now, the capital continues to flow at historic scale.
