As global capital rushes to invest in leading generative AI companies, the developer of the Claude series models, Anthropic, has officially raised its latest funding target from $10 billion to $20 billion. According to the Financial Times and multiple sources, due to the extremely hot investor interest, the company has decided to expand. This round of funding is expected to be completed soon, after which Anthropic's post-money valuation will surge to $350 billion (approximately 2.44 trillion RMB), nearly doubling from $18.3 billion four months ago.

Anthropic, Claude

In terms of investor lineup, this round of funding has presented an extraordinary "all-star" and "cross-camp" scene. It is reported that well-known venture capital firm Sequoia Capital, Singapore's sovereign wealth fund GIC, and investment management company Coatue will jointly lead the round. Interestingly, while Sequoia Capital holds shares in its rival OpenAI, it still chose to heavily invest in Anthropic, reflecting that top-tier capital no longer bets on a single player but instead prefers to "buy all" the final winner in the AI race. Additionally, Microsoft and NVIDIA are also planning to inject up to $1.5 billion in additional funds, further strengthening their binding with computing power and ecosystems.

The $350 billion valuation is supported by Anthropic's extremely strong commercial growth. Latest data shows that Anthropic's annualized revenue (Run-rate revenue) has soared from $1 billion at the beginning of 2025 to $9 billion currently. Especially the Claude Code tool launched for developers has caused a huge reaction in the enterprise market. The company's CFO said that Anthropic has a faster break-even pace than its competitors and expects to achieve profitability by 2028, with its revenue target for 2026 set between an astonishing $20 billion and $26 billion.

This massive funding plan is widely seen as Anthropic's final sprint toward an IPO (Initial Public Offering). It is reported that the company has hired Wilson Sonsini, a top law firm that previously worked for Google and Lyft, to handle compliance and structural adjustments, preparing for the earliest possible listing in 2026. The current private financing is not only to secure funds for the R&D of foundational models, but also to establish a sufficiently high valuation before the listing. If everything goes smoothly, Anthropic is expected to join SpaceX and OpenAI in launching the most spectacular wave of listings in tech history in 2026.