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Anthropic raises $30bn at a $350bn valuation in latest funding round

Latest haul comes as it prepares for an initial public offering as early as this year

Anthropic has raised $30bn from investors including GIC, Coatue, Founders Fund and Nvidia, as the AI group plans a significant expansion of its data-centre footprint and prepares for an initial public offering as early as this year.

The new funding round gives Anthropic a $350bn pre-money valuation and equips the Claude maker with the firepower to continue competing with rivals such as Google, Meta and OpenAI.

Anthropic, launched in 2021 by a group of ex-OpenAI researchers, has focused on developing AI tools for businesses. It derives about 80 per cent of its $14bn in revenue run rate — a prediction of annual revenue based on current, short-term performance — from enterprise customers.

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