Anthropic Raises $65 Billion at $965 Billion Valuation
- •Anthropic secures $65 billion in Series H funding at a $965 billion valuation.
- •Company reports $47 billion run-rate revenue with global expansion into Milan and Seoul.
- •New infrastructure deals secure 10 gigawatts of capacity from Amazon, Google, Broadcom, and SpaceX.
Anthropic announced on May 28, 2026, that it has raised $65 billion in Series H funding at a post-money valuation of $965 billion. The investment round was co-led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital, with additional leadership from Capital Group, Coatue, D1 Capital Partners, GIC, ICONIQ, and XN. This round includes $15 billion of previously committed funds from hyperscalers, featuring a $5 billion contribution from Amazon. Other participants include AMP PBC, Baillie Gifford, Blackstone, Brookfield, D.E. Shaw Ventures, DST Global, Fidelity Management & Research Company, General Catalyst, Insight Partners, Jane Street, Lightspeed Venture Partners, MGX, NTTVC, NX1 Capital, Situational Awareness LP, T. Rowe Price Associates, Inc., T. Rowe Price Investment Management, Inc., and Temasek.
Anthropic reports that its run-rate revenue exceeded $47 billion earlier this month. The company plans to use these funds to advance safety and interpretability research, scale compute infrastructure, and expand product offerings such as Claude Code and Cowork. As part of its infrastructure expansion, Anthropic has secured five gigawatts of new capacity through agreements with Amazon, and another five gigawatts of next-generation TPU capacity from Google and Broadcom. Additionally, the company is accessing GPU capacity through SpaceX’s Colossus 1 and Colossus 2 systems.
The company also entered into strategic hardware partnerships with Micron, Samsung, and SK hynix to ensure a reliable supply of memory, storage, and logic chips. Claude is currently available on Amazon Web Services, Google Cloud, and Microsoft Azure, with AWS remaining the primary training partner. Anthropic recently expanded its international presence by opening a new office in Milan and appointing KiYoung Choi as Representative Director for its upcoming Seoul location. Management noted that the company is experiencing historic demand for its models, which are being used by enterprises for complex workflows.