Anthropic is reportedly in the final stages of raising approximately $20 billion in new funding at a valuation of $350 billion, according to Bloomberg. Strong investor demand has led the company to expand the round beyond its original target, just months after securing $13 billion in equity financing.
Expected participants include Altimeter Capital, Sequoia Capital, Lightspeed Venture Partners, Menlo Ventures, Coatue Management, ICONIQ Capital, and Singapore’s sovereign wealth fund, with significant backing from strategic partners Nvidia and Microsoft.
The funding reflects continued momentum around Anthropic’s AI models and coding agents, as frontier AI developers increase investment to meet growing compute demands and prepare for potential public offerings.
