Artificial intelligence company Anthropic is reportedly raising $10 billion in a new funding round that would value the firm at a staggering $350 billion, nearly double its $183 billion valuation from September 2024. According to reports from The Wall Street Journal, Singapore's sovereign wealth fund GIC and investment firm Coatue Management are leading the new financing, which is expected to close in the coming weeks, though the final amount may change.
This round follows a $13 billion Series F investment in September 2024, which was co-led by ICONIQ Capital, Fidelity Management & Research Company, and Lightspeed Venture Partners. In a separate but related development, tech giants Nvidia and Microsoft plan to invest up to $15 billion in Anthropic. As part of that agreement, Anthropic will purchase $30 billion of compute capacity from Microsoft Azure running on Nvidia AI systems.
Founded in 2021 by former Google researchers Dario and Daniela Amodei, Anthropic develops the Claude AI chatbot, which has gained significant traction among business users for its coding capabilities. The company has set ambitious internal goals, projecting to break even by 2028, a timeline that would put it ahead of rival OpenAI's profitability schedule. Anthropic is also preparing for a potential initial public offering (IPO) this year.
The funding surge for Anthropic is part of a broader record year for AI investment. In 2025, AI companies raised a historic $222 billion, more than double the 2024 levels, capturing close to 50% of all global venture funding. OpenAI secured the largest single round of the year with $40 billion in March 2025, backed by SoftBank. Four other AI firms, including Anthropic, Scale AI, Project Prometheus, and xAI, each raised more than $5 billion.
