Anthropic Raises $30 Billion at $380 Billion Valuation, Eyes IPO This Year

Anthropic has raised $30 billion in a Series G funding round that values the Claude maker at $380 billion as the company prepares for an initial public offering that could come as early as this year. Investors in the new round include Singapore sovereign fund GIC, Coatue, D.E. Shaw Ventures, ICONIQ, MGX, Sequoia Capital, Founders Fund, Greenoaks and Temasek. Anthropic raised its funding target by $10 billion during the process after the round was several times subscribed. The San Francisco-based company, founded in 2021 by former OpenAI researchers, now has a $14 billion revenue run rate, about 80% of which comes from enterprise customers. It claims more than 500 customers spending over $1 million a year on its workplace tools. The round includes a portion of the $15 billion commitment from Microsoft and Nvidia announced late last year.

Read more of this story at Slashdot.