Anthropic has agreed the terms of a $30bn fundraising that will value it at $900bn and is expected to close as soon as this month, capitalising on its unprecedented growth this year to leapfrog its rival OpenAI’s valuation.
Investors Dragoneer, Greenoaks, Sequoia Capital and Altimeter Capital have agreed to co-lead the round, which would nearly triple the AI lab’s valuation to $900bn not including the new money, according to two people with knowledge of the matter.
Each of the co-leads was likely to invest $2bn or more, the people said. Anthropic is in discussions with other investors to supply the remainder of the new funding, and the terms could still change before the deal is announced.