Anthropic is accelerating its fundraising timeline. The AI company asked investors to submit allocation requests within 48 hours for a new funding round that could value the company at over $900 billion, sources told TechCrunch. The round could close within two weeks.
This valuation would represent a major jump for Anthropic. The company raised $5 billion in Series C funding in 2024 at a $20 billion valuation. The new round reflects intense competition in the AI sector, where investors are bidding up valuations for leading AI labs.
Anthropic builds Claude, a large language model that competes with OpenAI's ChatGPT and Google's Gemini. The company has positioned itself as a leader in AI safety, publishing research on interpretability and alignment.
The compressed timeline suggests strong investor demand. By requesting allocations in 48 hours and targeting a two-week close, Anthropic is moving faster than typical venture fundraises. This speed indicates the company has significant interest from major institutional investors.
The $900 billion plus valuation would make Anthropic one of the most valuable private companies globally, rivaling or exceeding other AI powerhouses in market perception.