Anthropic seeks $900B+ valuation in round closing within two weeks
anthropic is targeting a valuation of roughly $900 billion in a new funding round expected to close within two weeks. the company asked investors for allocations within 48 hours to fund computing needs. sources say the run rate is closer to $40 billion.
Anthropic is raising a roughly $50 billion round at a target valuation of $900 billion, with the final figure potentially exceeding that due to investor demand. The company mandated investors submit allocations within 48 hours and expects the round to close in two weeks. Sources indicate Anthropic's annualized revenue run rate is closer to $40 billion, exceeding the previously reported $30 billion figure. This raise, more than double the $380 billion valuation from February, precedes a potential IPO later this year and aims to secure massive computing resources.