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Anthropic weighs deal for near $1tn valuation as revenue surges

Start-up behind Claude tool is fielding inbound investment offers that could lead to it surpassing rival OpenAI in value

Anthropic is weighing raising tens of billions of dollars this summer to fund a vast expansion in computing capacity, in a move that would catapult it past rival OpenAI to a valuation of almost $1tn.

The Claude maker, which was valued at $380bn in February, has been fielding interest from investors including Dragoneer, General Catalyst and Lightspeed Venture Partners as its revenue continues to rise, according to five people with knowledge of the matter.

Those people expect Anthropic’s annualised revenue, which extrapolates full-year revenue based on recent weeks, to cross $45bn imminently — a fivefold increase from $9bn at the end of last year.

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