Anthropic Secures $30B Funding, Boosting Valuation to $380 Billion

TLDR

• Anthropic raised $30 billion in a Series G funding round, marking the second-largest private tech fundraising in history.
• The new funding has doubled Anthropic’s valuation, bringing it to $380 billion.
• The Series G round was led by GIC and Coatue with participation from major investors like Sequoia Capital, Goldman Sachs, and NVIDIA.
• The investment will support frontier research, product development, and infrastructure expansion, particularly in enterprise AI.
• Anthropic’s annual run rate has reached $14 billion, driven by a surge in enterprise customer adoption of its AI tools.

Anthropic, the AI startup behind the Claude platform, has secured a $30 billion Series G funding round. This marks the second-largest private tech fundraising in history, following OpenAI’s funding rounds. The latest investment has more than doubled Anthropic’s valuation, bringing it to an impressive $380 billion.

Funding Round Led by Major Investors

The Series G round was led by Singapore’s GIC and Coatue, with co-lead investors such as D. E. Shaw Ventures and Dragoneer. Other participants include prominent firms like Accel, Sequoia Capital, BlackRock, and Goldman Sachs. These investors joined forces with previously announced backers, including Microsoft and NVIDIA, to fuel the company’s growth.

Anthropic plans to use the new capital to focus on frontier research and expand its enterprise AI offerings. The funding will also aid in enhancing its infrastructure and developing tools that support coding and enterprise applications. This strategic expansion is expected to support the increasing demand for Anthropic’s AI products.

Surge in Enterprise Adoption of Claude

The adoption of Claude, Anthropic’s AI platform, has surged, particularly among enterprise customers. Krishna Rao, the company’s CFO, stated that the investment reflects the growing demand for AI solutions. “Claude is increasingly becoming critical to how businesses work,” he said, highlighting the platform’s expanding role in business operations.

Anthropic’s growth is reflected in its financials, with the company reporting a $14 billion annual run rate. This figure is a substantial increase from the $10 billion in revenue reported the previous year. The company’s rapid expansion is driven by enterprise clients adopting its AI tools for various business needs.

Leadership Expansion and Strategic Plans

In line with its growth, Anthropic has strengthened its leadership team by adding Chris Liddell, a former General Motors and Microsoft executive. Liddell joins the board to support the company’s strategic direction as it scales. With his extensive experience, Anthropic aims to build on its recent successes and push forward with its ambitious plans.

Since its first revenue in 2023, Anthropic has experienced significant growth, with annual run-rate growth exceeding 10x over the past three years. The company’s trajectory indicates strong momentum in the AI market, positioning it as a key player in the tech sector.

The post Anthropic Secures $30B Funding, Boosting Valuation to $380 Billion appeared first on CoinCentral.