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  • 13 hours ago
Anthropic raised $65 billion at a $965 billion valuation, surpassing OpenAI as it prepares for a possible public listing.
Transcript
00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Anthropic raised $65 billion in a Series H funding round at a post-money valuation of $965 billion,
00:11surpassing OpenAI's most recent valuation of $852 billion, according to Reuters.
00:17The round was led by Altimeter Capital, Dragoneer, Green Oaks, and Sequoia Capital,
00:23with Coatu and Iconic as co-leads.
00:25Strategic partners Micron, Samsung, and SK Hynix also participated.
00:30The round includes $15 billion in previously committed investments from hyperscalers,
00:35including $5 billion from Amazon.
00:39Anthropic's valuation more than doubled from $380 billion in February.
00:44The company said its run rate revenue crossed $47 billion earlier this month.
00:49Anthropic has struggled to meet demand, instituting usage limits during peak hours.
00:54The company is also preparing for a public listing.
00:57According to investors and bankers familiar with the matter,
01:00for all things money, visit Benzinga.com.
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