Anthropic valuation soars to $900B as investor demand pushes AI startup past OpenAI

Sources: Anthropic could raise a new $50B round at a valuation of $900B | TechCrunch

Investor interest in Anthropic has reached a feverish pitch. The maker of the Claude AI assistant has received multiple preemptive offers to raise fresh capital of around $50 billion at a valuation in the $850 billion to $900 billion range, according to half a dozen sources familiar with the matter. Bloomberg and Business Insider reported earlier this month that Anthropic received multiple preemptive bids at an $800 billion valuation, but at that time, the company had not yet committed to a fundraise. Sources say, however, that Anthropic is finding it difficult to resist the pressure to secure more funding in what could be its final round of private fundraising before a potential IPO. The company is expected to make a definitive decision on the round and its valuation at a board meeting in May, one person told TechCrunch. The round is expected to total $40 billion to $50 billion, according to people familiar with the company. But investor demand appears to be much higher given the company's rapid growth, which shows no sign of slowing. Investors are clamoring to get into the round. One institutional investor prepared to commit as much as $5 billion has yet to secure a meeting with Anthropic CFO Krishna Rao, according to a source. Anthropic announced this month that its annual revenue run rate has surpassed $30 billion, which is a dramatic increase from roughly $9 billion at the end of 2025. The company's run rate is currently closer to $40 billion, one of the people with knowledge of the company's financials said. Antrhopic declined to comment. A large portion of that revenue is driven by Anthropic's AI coding capabilities, specifically through its Claude Code and Cowork platforms. Many investors believe the company is only scratching the surface of its potential, given the massive opportunity to expand its offerings into new industries, including finance, life sciences, and healthcare. Anthropic raised its last round at a $380 billion valuation in February. If the company proceeds with another fundraise at the terms described by TechCrunch's sources, it will not only more than double its valuation but also match or surpass that of its chief rival. Also in February, OpenAI closed a record-breaking $122 billion round at an $852 billion post-money valuation.

Anthropic surpasses biggest rival OpenAI in secondary market valuation -- surges to $1 trillion amid frantic investor interest

Investors are willing to pay almost three times the actual value for Anthropic shares According to a Business Insider report today, Anthropic -- the company behind Claude AI -- has surged to a one-trillion-dollar valuation on private secondary trading market Forge Global, surpassing competitor OpenAI's $880 billion valuation in the same markets. The surge highlights a steep uptick in investor demand for exposure to artificial intelligence, but what do these figures really mean, and what exactly is driving this spike? Because neither Anthropic nor OpenAI is publicly listed, most investors cannot access shares through traditional stock exchanges. Instead, trades occur on secondary marketplaces, where early employees or investors can sell portions of their holdings. These markets behave very differently from public equities: Supply is limited, as few insiders are willing to sell; pricing is based on individual deals, making transactions opaque; and valuations are controlled by a small handful of very powerful investors. Anthropic's actual valuation is anchored in its latest round of funding in February 2026, in which the company received a consensus $380 billion post-money valuation following due diligence and structured negotiations with institutional investors. However, the $1 trillion secondary market valuation reflects what people without access are willing to pay for a slice of Anthropic. Business Insider reports that, according to Ken Sawyer, cofounder and managing partner at Saints Capital, a venture secondary firm, an Anthropic shareholder recently offered to unload shares at a $1.15 trillion valuation. As unbelievable as that sounds, it appears people are willing to pay. In an X post this week, Jesse Leimgruber, founder of OpenHome, claimed that a "very well-known growth fund" offered to buy Anthropic shares at a $1.05 trillion valuation. It gets crazier. In a LinkedIn post, one investor offered their 14-acre estate in exchange for Anthropic shares at a valuation of over $800 billion, more than twice the actual value. "It's been an epic run for Anthropic," Glen Anderson, CEO of Rainmaker Securities, told Business Insider. "Everybody wants to be part of a generational opportunity in AI, and right now, Anthropic is in the pole position." The company said it had fielded numerous offers from VCs, with one offer coming in at a $960 billion valuation, a price Anderson said would have been unthinkable even a few weeks ago. Still, he expects it to be snapped up by someone else. Those who currently own Anthropic shares also report being inundated with numerous offers. "We receive daily offers from the ridiculous to the sublime," Bradley Horowitz, a general partner at an early investor in both Anthropic and OpenAI, told Business Insider. "I barely open those emails because we're not interested. We are playing a long game." Interestingly, this surge may be more about Anthropic than about AI fever in general, as secondary market sentiment appears to have shifted away from OpenAI, despite its larger scale and an estimated valuation of around $850 billion from recent funding rounds. Traders report comparatively muted demand for OpenAI shares, with some bids coming in below its last primary valuation. Perhaps the contrast in demand stems from the difference in the companies' actual valuation - OpenAI's secondary valuation of $880 billion is just $30 billion less than the actual $850 billion valuation. Meanwhile, Anthropic has a $1 trillion secondary market valuation compared to a $380 billion actual valuation, possibly signaling more room for growth and driving speculative trading. Perhaps it stems from Anthropic's rapid growth, particularly around its Claude AI products, which have positioned the company as a leading contender in the generative AI race. Follow Tom's Hardware on Google News, or add us as a preferred source, to get our latest news, analysis, & reviews in your feeds.

Anthropic Considering Funding Offers at Over $900 Billion Value

Anthropic PBC has begun weighing a fresh funding round that would value the artificial intelligence developer at more than $900 billion, according to people familiar with the matter, potentially leapfrogging its longtime rival OpenAI as the world's most valuable AI startup. The Claude maker is entertaining offers from investors that would more than double its current valuation, said the people, who spoke on condition of anonymity as the information is not public. The considerations are at a very early stage and the company has yet to accept any offers, the people said. Anthropic had previously resisted several inbound proposals from investors for a new round at a valuation of $800 billion or more, Bloomberg News has reported. The new discussions, which have not been reported, coincide with a push by Anthropic to ramp up fundraising amid the breakout success of its AI software. Anthropic, which Bloomberg has reported is considering an initial public offering as soon as October, has been on the hunt for more infrastructure to meet growing demand for its products. Anthropic declined to comment. Google recently committed to invest $10 billion in Anthropic at a $350 billion valuation, the same amount it was valued at in a funding round in February. The Alphabet Inc.-owned company plans to invest up to another $30 billion in Anthropic if the startup hits certain performance targets. Amazon.com Inc. is also investing $5 billion in Anthropic at a $350 billion valuation, with plans to inject $20 billion more over time. It's unclear whether those two firms will be part of the upcoming funding round. Founded in 2021 by a group of former OpenAI employees, Anthropic has since emerged as a leader in the AI sector. Anthropic has developed a series of AI tools aimed at overhauling the way businesses handle tasks from coding to cybersecurity. In early April, the company unveiled a new model called Mythos that is purportedly able to detect and exploit vulnerabilities in a wide range of critical software. Anthropic deemed it to be too dangerous for wide release and has instead let a limited group of companies begin testing it on their own systems. However, the model has been accessed by a small group of unauthorized users, Bloomberg News has reported. As Anthropic has gained momentum, it's put new pressure on OpenAI, which is also widely expected to go public as soon as this year. The ChatGPT maker has reportedly missed some of its own targets for revenue and user growth as it contends with competition from Anthropic and Google. OpenAI has taken steps to streamline its sprawling product portfolio to focus on AI agents and a new model. The companyI was most recently valued at $852 billion in a funding round completed in March.

Anthropic in talks with investors to raise funds at $900 billion valuation, higher than OpenAI

Dario Amodei, co-founder and chief executive officer of Anthropic, during the company's Builder Summit in Bengaluru, India, on Monday, Feb. 16, 2026. Anthropic has been chasing OpenAI since the launch of ChatGPT in late 2022. It appears to have finally caught up. The artificial intelligence startup, founded five years ago by former OpenAI execs, is in talks with investors to raise money at a $900 billion valuation, according to a person familiar with the matter. No term sheet has been signed and talks are ongoing, said the person who asked not to be named because the discussions are private. Anthropic said earlier this month that it's business has reached $30 billion in annualized revenue, driven by the popularity of its Claude Code offering.

Anthropic reportedly hits $1 trillion implied valuation on secondary markets

Secondary share trading platforms are pricing Anthropic at approximately $1 trillion, just three months after its primary fundraising round valued it at $380 billion. OpenAI is trading at $880 billion on the same platforms, a meaningful reversal of the previous order. The valuations are not primary rounds and carry no guarantee of liquidity. Anthropic, the San Francisco-based AI company founded in 2021 by Dario and Daniela Amodei, has reached an implied valuation of approximately $1 trillion on secondary share trading platforms, according to Business Insider, overtaking OpenAI which is trading at approximately $880 billion on the same venues. Kelly Rodriques, CEO of Forge Global, one of the leading private-company share trading platforms, told Business Insider the valuation was "hovering around the $1 trillion mark." The development arrives without a primary fundraising round or press release: it reflects what buyers on secondary markets are willing to pay for existing shares from current or former employees and early investors. The speed of the appreciation is striking. Anthropic closed a $30 billion Series G funding round, led by GIC and Coatue, in February 2026 at a primary valuation of $380 billion. Three months later, secondary markets are pricing the company at more than two and a half times that figure. The driver, according to market participants cited by Business Insider, is a combination of revenue acceleration and a supply-demand imbalance in Anthropic's shares. Glen Anderson of Rainmaker Securities told Business Insider he had just been offered the opportunity to buy Anthropic shares at a valuation of $960 billion and that a month earlier such a figure would have been "unthinkable", but that the shares were being snapped up by competing buyers within hours. One of Anthropic's shareholders had expressed willingness to sell at an implied valuation of $1.15 trillion, according to Ken Sawyer, co-founder of Saints Capital. The revenue trajectory behind the valuations is extraordinary on its own terms. Anthropic's annualised revenue run rate was approximately $9 billion at the end of 2025; by March 2026 it had reached $30 billion. That is a 233% increase in one quarter, driven primarily by enterprise adoption of Claude Code and the company's broader API and enterprise products. Reuters confirmed Anthropic had not yet agreed a new primary round, having reportedly resisted overtures from venture capital investors for a new fundraise, according to Bloomberg. The demand is therefore being channelled into the secondary market, where buyers must acquire shares from existing holders rather than from the company directly. The OpenAI comparison is the other side of the story. On Forge Global, OpenAI trades at approximately $880 billion, just 3% above the $852 billion primary valuation from its early-2026 fundraising round. According to Caplight, an analytics platform that tracks private-market share activity, the ratio of sellers to buyers in OpenAI shares was five-to-one in Q1 2026, a reversal from the end of 2025, when buyers were dominating sellers. Glen Anderson described interest in OpenAI shares as "tepid" this year, with bids often below the company's last primary valuation. Jesse Leimgruber, founder of AI startup OpenHome and a holder of secondary Anthropic shares, told Business Insider that one "very prominent growth fund" had offered to buy Anthropic shares at a $1.05 trillion implied valuation. Secondary market valuations are categorically different from primary fundraising rounds. They reflect what a buyer is willing to pay for illiquid, minority shares with no guarantee of liquidity, no board rights, and no ability to force a sale or IPO. A secondary price of $1 trillion does not mean Anthropic could raise $1 trillion in a primary round, nor that a future IPO would be priced at that level. The Business Insider article itself noted reports of "feverish demand" and buyers offering homes as collateral for Anthropic shares, language that describes speculative intensity rather than fundamental valuation. Anthropic is reportedly exploring an IPO as early as late 2026.

Anthropic Beats OpenAI on Secondary Markets With $1 Trillion Implied Valuation - Decrypt

Just three months ago, Anthropic's valuation was $380 billion; secondary markets are now pricing it at more than 2.6 times that figure. On secondary share trading platforms, Anthropic has quietly flipped the AI power map -- trading at roughly $1 trillion, overtaking OpenAI for the first time. On Forge Global, one of the leading private-share marketplaces, Anthropic is hovering around the $1 trillion mark, according to Forge CEO Kelly Rodriques, who confirmed the figure to Business Insider. OpenAI, meanwhile, is trading at approximately $880 billion on the same platform. That's not a small gap. And it didn't exist three months ago. In February 2026, Anthropic closed a $30 billion Series G round led by GIC and Coatue at a post-money valuation of $380 billion. Today, secondary markets are pricing the company at almost three times that figure. The speed of the appreciation is unusual even by AI's inflated standards. Anthropic's annualized run rate sat at roughly $9 billion at the end of 2026, based on its own reports. By March 2026, that number had jumped to $30 billion -- a 233% increase in a single quarter, fueled largely by enterprise adoption of Claude Code and the company's API products. Amazon's recent commitment of up to $25 billion in additional investment didn't hurt the mood either. This mix of good deals (and good PR) have increased the appetite for Anthropic shares. Caplight, which tracks private-market share activity, reported that interest in Anthropic has spiked over 650% in the last 12 months. Besides revenue, the supply side is doing the heavy work pushing up these valuations. Anthropic employees and early investors have had very few chances to sell. When buyers pile in and almost nobody is selling, prices move fast. Glen Anderson of Rainmaker Securities told Business Insider that a $960 billion valuation -- which would have been "unthinkable" a month earlier -- was being snapped up within hours by competing buyers. The OpenAI picture looks different. On Forge Global, OpenAI is trading at $880 billion -- just 3% above its $852 billion valuation from its early-2026 fundraising round. Caplight found that in Q1, Sam Altman's company reported more people interested in selling than buying it on secondary markets. None of this means Anthropic is worth $1 trillion in any primary-market sense. Secondary trades are illiquid, minority positions with no board rights and no path to forced liquidity. The trillion-dollar figure reflects what a buyer will pay for a small stake, not what Anthropic could raise in a full funding round, and not necessarily what an IPO would be priced at. Reports suggest Anthropic is exploring a public debut as early as late 2026, with Goldman Sachs and JPMorgan advising, targeting an IPO valuation in the $400-$500 billion range. IPO groundwork has been underway since at least late 2025.

Anthropic weighs $50 billion funding at $900 billion value

Investor interest in Anthropic has surged, with the company receiving multiple preemptive offers to raise around $50 billion at a valuation between $850 billion and $900 billion. Earlier reports indicated bids were made at an $800 billion valuation, but Anthropic had not committed to fundraising at that time. The pressure to secure funding is increasing as it could be Anthropic's final private fundraising round before a potential IPO. A definitive decision regarding the fundraising round and valuation is expected at a board meeting in May, according to TechCrunch. The anticipated fundraising round is projected to total between $40 billion and $50 billion. However, investor demand is reportedly higher due to the company's rapid growth, indicating strong market interest. One institutional investor is reportedly prepared to commit as much as $5 billion but has not yet met with Anthropic CFO Krishna Rao. Anthropic announced its annual revenue run rate has exceeded $30 billion, significantly up from approximately $9 billion at the end of 2025, with current estimates suggesting it could reach closer to $40 billion. A significant portion of Anthropic's revenue is derived from its AI coding capabilities, particularly through the Claude Code and Cowork platforms. Investors believe the company could expand into new industries such as finance, life sciences, and healthcare. In February, Anthropic raised funds at a valuation of $380 billion. Should the company proceed with the current fundraising, it could more than double its valuation and match or surpass that of its chief rival. OpenAI recently closed a record $122 billion round at an $852 billion post-money valuation.

Anthropic Surged to a $1 Trillion Valuation in an 'Absolutely Wild' Three-Month Run

Anthropic just pulled off one of the fastest valuation surges in Silicon Valley history. The AI startup hit a $1 trillion valuation on secondary markets this week, nearly tripling from its $380 billion funding round just three months ago. One investor called it an "epic run." Another called it "absolutely wild." The milestone puts Anthropic in rarefied air -- Walmart became the first retailer to join the $1 trillion club earlier this year. The frenzy has pushed Anthropic ahead of OpenAI, which is trading at $880 billion on private marketplace Forge Global despite raising at $852 billion earlier this year. Investors are so desperate for Anthropic shares that some have offered to sell their homes in exchange for stock. One shareholder is trying to unload shares at a $1.15 trillion valuation. What's driving the surge? Torrid revenue growth and momentum around Claude Code, Anthropic's AI-powered coding assistant. But much of the demand is pure FOMO. "It's almost less about the return than being able to say they're an Anthropic investor," said Glen Anderson, CEO of Rainmaker Securities. Those lucky enough to own shares say they're getting hounded with multiple offers daily.

Anthropic weighs new funding round at valuation exceeding $900 billion: Report - The Economic Times

Artificial intelligence firm Anthropic is exploring a new funding round. This round could value the company at over $900 billion. This valuation would make Anthropic the world's most valuable AI startup. The company is considering offers at more than double its current valuation. A decision on the round and its valuation is expected in May. Artificial intelligence startup Anthropic is weighing raising funds in a new round that would value the Claude maker at more than $900 billion, Bloomberg News reported on Wednesday, citing people familiar with ⁠the matter. The company is entertaining offers at more than double its current valuation, though the considerations are at an early stage and no offers have been accepted yet, the report said. Anthropic, which raised $30 billion at a valuation of $380 billion in February, declined to comment ⁠when contacted by Reuters. The company has received multiple preemptive offers to raise fresh capital of around $50 billion ⁠at a valuation in the range of $850 billion to $900 billion, TechCrunch reported on Wednesday, citing sources familiar with the matter. Anthropic is expected to make a decision on the round and its valuation at a board meeting in May, TechCrunch said. If Anthropic closes a round at the reported valuation, it could dethrone OpenAI, valued at $852 billion in March, as the world's most valuable AI startup. The fundraising push ⁠comes ahead of a potential IPO, which may be launched as soon as October, the Bloomberg report said. Anthropic was resisting investment proposals at valuations of $800 billion or more, earlier reports had said, as major backers Alphabet's Google and Amazon continued to announce multi-billion-dollar performance-based investments.

Anthropic Eyes $900 Billion Valuation, Could Overtake OpenAI As Top AI Startup - Alphabet (NASDAQ:GOOGL)

Anthropic is in discussions with investors about new financing that could value the company at $900 billion, more than doubling its $380 billion valuation in February, according to a report. If the talks turn into a deal, the maker of Claude could surpass rival OpenAI to become the most valuable AI startup. According to a Livemint report, Anthropic is evaluating investor proposals, though no proposal has been accepted. Anthropic Valuation Could Skyrocket Soon As Anthropic continues to gain momentum, it is intensifying competitive pressure on OpenAI, which is reportedly preparing for a public listing later this year and was valued at $852 billion in a March funding round, the report said, citing Bloomberg. The ChatGPT maker was unable to meet its set targets for revenue and new users. Google And Amazon Invest in Anthropic Google has committed $10 billion to Anthropic and could invest a further $30 billion if certain targets are met. Anthropic Strategic Plans Founded in 2021 by former OpenAI employees, Anthropic has quickly established itself as a key player in artificial intelligence, building tools that are reshaping how businesses approach areas like coding and cybersecurity. Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Photo courtesy: Shutterstock Market News and Data brought to you by Benzinga APIs To add Benzinga News as your preferred source on Google, click here.

Anthropic enters trillion-dollar club in private trading ahead of potential IPO as AI demand spikes - here's what you need to know

Anthropic pre IPO share valuation surge: Anthropic's implied valuation has surged past $1 trillion in private on-chain trading, driven by significant investments from tech giants like Alphabet and Amazon. This valuation jump, coupled with reported revenue growth from $9 billion to over $30 billion, reflects strong investor sentiment for AI companies, despite no official IPO date being set. Anthropic pre IPO share valuation surge: Anthropic's (ANTHRO) implied pre-IPO valuation has crossed the $1 trillion mark in on-chain private-market trading, reflecting how quickly sentiment around artificial intelligence companies is shifting, as per a report. The figure comes from pre-IPO instruments traded on the decentralized platform Jupiter. These instruments are backed by special-purpose vehicle exposure to Anthropic, giving investors a live market-based view of how the company could be valued ahead of any public listing, as per a Seeking Alpha report. The move to a trillion-dollar implied valuation places Anthropic among a small group of companies reaching similar levels in private trading. According to The Kobeissi Letter, the implied valuation has surged 733% since October 2025, based on on-chain trading data shared on X. Anthropic's valuation surge comes alongside major investment commitments from leading technology companies. Alphabet (GOOGL) has announced plans to invest an additional $10 billion, with potential total investments reaching up to $40 billion as competition in artificial intelligence intensifies, as per a Watcher Guru report. Amazon has also made significant commitments, including a $25 billion investment and long-term agreements tied to cloud infrastructure usage. Anthropic has been working with Amazon since 2023, including projects like Project Rainier and the expansion of Claude services. More recently, Anthropic committed over $100 billion across the next decade to Amazon Web Services infrastructure, securing up to 5 gigawatts of capacity for training and running its AI models. Amazon CEO Andy Jassy highlighted the demand for custom AI silicon and noted the importance of collaboration in building infrastructure for generative AI systems, as per the report. Investor sentiment has also been influenced by Anthropic's reported revenue growth, rising from $9 billion at the end of 2025 to over $30 billion by March, as per the New York Post report. This rapid increase in commercial adoption of its Claude services has contributed to heightened activity in secondary markets. Despite rising speculation, there is still no official IPO date announced for Anthropic. However, prediction markets like Kalshi continue to price in the likelihood of Anthropic going public by early 2027, as per the Seeking Alpha report. Is Anthropic a public company? No, it is still private. Is there an IPO date for Anthropic? No official date has been announced.

Anthropic weighs new funding round at valuation exceeding $900 billion, Bloomberg News reports

April 29 (Reuters) - Anthropic is weighing a funding round that would value the Claude maker at over $900 billion, Bloomberg News reported on Wednesday, citing people familiar with the matter. o The artificial intelligence startup is entertaining offers at more than double its current valuation, though the considerations are at an early stage and no offers have been accepted yet, the report said. o Anthropic, which raised $30 billion at a $380 billion valuation in February, did not immediately respond to a Reuters request for comment. o If Anthropic closes a round at the reported valuation, it could dethrone rival OpenAI - valued at $852 billion in March - as the world's most valuable AI startup. o The fundraising push comes ahead of a potential IPO which may be launched as soon as October, the Bloomberg report said. o Anthropic was resisting investor proposals at valuations of $800 billion or more, earlier reports had said, as major backers Alphabet's Google and Amazon continued to announce multi-billion-dollar performance-based investments. (Reporting by Anhata Rooprai in Bengaluru; Editing by Jonathan Ananda)

US Govt sounds alarm on Mythos AI, even as Anthropic closes in on OpenAI's valuation

Anthropic is said to be targeting a valuation above $900 billion, with secondary markets hinting at a possible $1 trillion mark. After India demanded for fair access, the White House has reportedly raised concerns over the plans by Anthropic to expand access to its advanced Mythos AI model amid the growing tensions. According to the Wall Street Journal report citing its sources, the officials within the administration of Donald Trump have privately communicated their reservations about allowing broader use of the system. Mythos, which was introduced recently, is known as a highly capable AI tool that can identify and potentially exploit vulnerabilities in critical software systems. Due to the sensitive nature, Anthropic had initially restricted access to a limited group of organisations for controlled testing. However, the company has said it is considering the expansion of availability to a wider set of users, including dozens of companies and institutions. On the other hand, government officials are said to be particularly concerned about whether Anthropic has the necessary infrastructure to scale access without impacting existing commitments, especially those tied to public sector use. There are also fears that the broader availability of such powerful models can increase the risk of misuse, including potential cyber threats. Also read: Motorola Razr 70 Ultra and Razr 70 design revealed ahead of launch: Colours, price and more Interestingly, this comes after multiple reports claimed that the model had already been accessed by unauthorised users shortly after its limited rollout was announced. It must be noted that Anthropic has not publicly commented on these developments, but the situation looks to be critical. In the meantime, Anthropic seems to be getting good momentum. The company is reportedly gearing up to raise new funding at a valuation of above $900 billion, which is more than the valuation of OpenAI. Secondary market activity has already hinted at valuations nearing the $1 trillion mark.