Amid the intense competition in the artificial intelligence field, Anthropic, the developer of Claude, has once again stunned the market. According to insiders, due to the urgent need to complete a final round of private financing before its official IPO (initial public offering), Anthropic has already received multiple "preemptive investment" offers, with its potential valuation being pushed to an astonishing $850 billion to $900 billion.

This funding round is expected to range between $40 billion and $50 billion. If this plan is finalized, Anthropic's valuation could double within a few months, potentially surpassing the $852 billion valuation of its core competitor OpenAI in February this year.

The "Crazy" Competition in the Capital Market

Although the board of directors of Anthropic is expected to make a decision on the final financing details in May, global investors' enthusiasm has clearly reached a boiling point. It has been reported that the current funding demand far exceeds the planned amount, with one institutional investor even preparing to invest $5 billion, yet still unable to secure a meeting with the company's Chief Financial Officer.

This kind of fervent pursuit is not baseless. Anthropic's recent financial data has been extremely impressive: its annualized revenue has officially broken through the $30 billion mark, representing a leap from $9 billion at the end of 2025. Internal sources have also indicated that this figure is now approaching $40 billion.

Programming Ability Becomes a Core Growth Driver

Different from the general perception of AI chatbots, Anthropic's main source of income currently comes from its outstanding AI programming capabilities. Its Claude Code and Cowork platforms are performing strongly in the developer market. Investors generally believe that as the company further expands into high-value industries such as finance, life sciences, and healthcare, its profit potential remains far from fully tapped.

Compared to its valuation of $380 billion after completing the previous round of financing in February, Anthropic's value has surged dramatically in just two months, reflecting the high recognition of the capital market for the commercialization prospects of large models. As the board meeting in May approaches, this top-tier fundraising deal that may reshape the global AI competition is entering its final sprint phase.