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  • 13 hours ago
The AI arms race just reached a new financial frontier.

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00:00The AI arms race just reached a new financial frontier.
00:03Anthropic, the Claude maker founded by former OpenAI executives,
00:08is reportedly in active discussions with investors about a fundraising round
00:12that would peg the company's value at $900 billion,
00:15a figure that would leapfrog rival OpenAI,
00:18which itself was valued at $852 billion just last month,
00:23following a record $122 billion raise.
00:26The company has reportedly fielded multiple unsolicited offers,
00:31totaling around $50 billion,
00:33and the round is expected to be one of its last major private capital raises
00:37before a potential public offering.
00:40Revenue has been accelerating sharply,
00:42with Anthropic disclosing earlier this month
00:44that it's hit $30 billion in annualized revenue,
00:48fueled in large part by Claude Code, its fast-growing AI coding tool.
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