Valuation surpasses OpenAI, Anthropic is reported to have finalized financing terms worth $30 billion.

On May 15th, according to Cailian Press, Anthropic, an American AI startup, has finalized the terms of a new round of financing worth up to $30 billion. This round of financing is co-led by Sequoia Capital, along with Dragoneer, Greenoaks, and Altimeter Capital. Multiple existing investors and new institutions are participating in the follow - on investment. The transaction is expected to be completed within this month at the earliest.

This round of financing will boost Anthropic's post - investment valuation to approximately $900 billion. This not only exceeds OpenAI's valuation of about $852 billion but also makes Anthropic one of the world's highest - valued private technology companies.

According to informed sources, since investors approached Anthropic last month, the company's Chief Financial Officer, Krishna Rao, initiated formal negotiations with potential investors and finalized the terms within just a few weeks. According to the terms, several co - lead investors are expected to contribute at least $2 billion each, and Anthropic is still in talks with other investors to fill the remaining financing quota. Before the official announcement, there may be minor adjustments to the specific terms. Currently, the relevant investors and Anthropic have not commented on this.

Anthropic has been in an accelerated financing phase since 2023. The continuous investment from global technology giants and top VCs has driven its valuation to rise rapidly. In early 2023, Google was the first to invest $300 million in Anthropic, acquiring approximately 10% equity. In May of the same year, Spark Capital led a $450 million Series C financing, pushing the valuation to $50 billion. Institutions such as Google and Salesforce Ventures participated in the follow - on investment. In September, Amazon announced an initial investment of $1.25 billion, promising a total investment of up to $4 billion.

From 2024 to 2025, Amazon and Google continued to increase their investments. Amazon's cumulative investment reached $8 billion, and Google's additional investment exceeded $1 billion. In March 2025, Lightspeed Venture Partners led a $3.5 billion Series E financing, and Anthropic's valuation rose to $61.5 billion.

This sky - high financing is the second large - scale financing completed by Anthropic within just one quarter. On February 13th this year, Anthropic announced the completion of a $30 billion Series G financing, with a post - investment valuation of $380 billion, which at that time made it the world's second - highest - valued AI unicorn, second only to OpenAI. In less than three months, Anthropic's valuation soared from $380 billion to $900 billion, nearly tripling.

Behind the valuation growth is the astonishing expansion speed of its business revenue. It is reported that Anthropic's annualized revenue is expected to soon exceed $45 billion. At the end of 2025, this figure was only $9 billion. The company's annualized revenue has more than quadrupled in less than half a year. Additionally, Anthropic's annualized revenue of $45 billion has exceeded OpenAI's publicly announced annualized revenue of $24 billion for the first time, achieving an overtaking in key financial indicators.

Anthropic was founded in 2021 by former core researchers of OpenAI. Its development path is different from that of OpenAI, which initially focused more on the consumer - grade market. Since its establishment, Anthropic has focused on enterprise - level customers. Its core product, the Claude series of large - language models, performs excellently, especially in programming, mathematics, and complex reasoning tasks, and has quickly won the favor of the enterprise market.

Official data shows that in less than three years since its establishment, Anthropic has achieved an annualized revenue of $14 billion, and its revenue has increased by more than ten times each year in the past three years. Eight out of the top ten Fortune companies have become customers of Claude. In the past year, the number of customers with an annual consumption of more than $100,000 has increased by seven times. The number of customers with an annual consumption of more than $1 million has soared from more than a dozen two years ago to more than 500.

In terms of market share, Anthropic's share in enterprise AI spending has increased from about 10% at the beginning of 2025 to more than 65% in February 2026. Its share in the programming field is as high as 54%, significantly surpassing OpenAI.

Industry insiders expect that after the completion of this $30 - billion financing, Anthropic will accelerate its IPO plan. It may start the listing process as early as the end of 2026, with the goal of achieving an actual annual revenue of $26 billion. If the current annualized revenue of $44 billion can be maintained, this goal is feasible.

This article is from the WeChat official account “Jiemian News”. Author: Li Kefeng. Republished by 36Kr with permission.