Anthropic is accelerating plans for a massive fundraising round that could value the artificial intelligence firm at more than $900 billion, according to sources familiar with the deal.

Investors have reportedly been asked to submit allocations within a tight 48-hour window, underscoring the intense demand surrounding one of the sector’s fastest-growing players. The round, expected to reach roughly $50 billion, could close within two weeks.

The anticipated valuation would mark a dramatic leap from the company’s previous $380 billion valuation recorded earlier this year.
Insiders suggest that strong investor appetite could push the final figure even higher, potentially setting a new benchmark in private AI financing and placing the company ahead of rival OpenAI in valuation terms.

Despite the momentum, not all early backers are participating. Some investors who entered in 2024 or earlier are opting to hold their positions in anticipation of a possible public listing later this year, where they may seek to cash out at a higher valuation. The current raise is widely viewed as the company’s final private funding round before an IPO.

Anthropic’s aggressive fundraising strategy is closely tied to its expanding computational needs. The company recently disclosed that its annual revenue run rate has exceeded $30 billion, with internal estimates placing it closer to $40 billion.

This growth reflects the rising demand for advanced AI systems across industries. The scale of the fundraising effort highlights the broader investor frenzy around artificial intelligence, as companies compete to secure infrastructure, talent, and market dominance.

If successful, Anthropic’s latest round could redefine expectations for late-stage tech valuations and intensify competition across the AI landscape.

Source: TechCrunch