Anthropic Locks $30 Billion Round Toward $900 Billion Valuation

anthropic has locked in terms for a $30 billion fundraising that could value it near $900 billion. The size of the round would put fresh capital behind the company's push for chips, data centers, and cloud access. It would also push the company's paper valuation above OpenAI's if the deal closes at the rumored price.

Anthropic's $30 billion terms

People familiar with the matter said the deal could wrap up as early as this month. Dragoneer Investment Group, Greenoaks Capital, Sequoia Capital, and Altimeter Capital are lined up to co-lead the round. Each of the four is expected to put in at least $2 billion.

Anthropic said in February that it had secured $30 billion in Series G funding. The company put its post-money valuation at $380 billion then. It also disclosed run-rate revenue of $14 billion.

PwC and Claude Code

Krishna Rao said Claude was becoming "increasingly becoming critical" in business operations when Anthropic announced its February funding. Dario Amodei said Claude could reach "hundreds of thousands" of PwC employees. PwC will start by deploying Claude Code and Cowork with its U.S. teams, and it will set up a joint Center of Excellence and train 30,000 professionals for certification.

The new round lands while Anthropic is racing to fund infrastructure at a much larger scale. Last month, Amazon said Anthropic had agreed to spend north of $100 billion over a decade on AWS technology, secured up to 5 gigawatts of Trainium chip power, and received an immediate $5 billion investment with another $20 billion possible if milestones are hit.

OpenAI and capital pressure

The comparison point is stark. OpenAI reached a $852 billion valuation after a March raise. The reported that OpenAI has around 900 million weekly ChatGPT users, while its data showed Anthropic has passed OpenAI on some enterprise adoption metrics and U.S. app downloads.

Anthropic and the Gates Foundation also said on Thursday that they committed $200 million over four years to support AI-driven public goods in health and education. Elizabeth Kelly called that effort "core" to Anthropic's mission. The fundraising race now sits beside a separate question for customers and partners: how much of Anthropic's growth turns into product access, and how much of it is tied up in the cost of keeping models running at scale.