AI startup Anthropic raises $65 billion, tops OpenAI (opens in new tab)

Anthropic said Thursday that it raised $65 billion in Series H funding led by Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital, valuing the Claude developer at $965 billion post-money. The financing put the five-year-old company ahead of OpenAI in private-market valuation; sources put OpenAI’s latest valuation at $730 billion to $852 billion, depending on the financing marker used. Anthropic said run-rate revenue crossed $47 billion earlier in May after broader enterprise use of Cl...