Sources: Anthropic could raise a new $50B round at a valuation of $900B

```json { "title": "Anthropic Eyes $900B Valuation in New Funding Round", "metaDescription": "Anthropic is in early talks to raise a new round at a $900B valuation, which would surpass OpenAI and more than double its February 2026 Series G price.", "content": "<h2>Anthropic Could Become World's Most Valuable AI Startup at $900 Billion</h2>\n\n<p>Anthropic, the San Francisco-based AI company behind the Claude family of models, is in early-stage discussions with investors about a new funding round that could value it at <strong>$900 billion</strong> — a figure that would make it the world's most valuable AI startup, leapfrogging rival OpenAI. Bloomberg first reported the development on April 29, 2026, with CNBC independently confirming the talks. Both outlets stressed that the discussions are at a very early stage, no term sheet has been signed, and Anthropic has not accepted any offers. An Anthropic spokesperson declined to comment to both publications.</p>\n\n<p>If completed at that valuation, the round would represent more than a doubling of Anthropic's $380 billion post-money valuation set just over two months ago in its February 2026 Series G — and would place the company ahead of OpenAI, which closed a $122 billion funding round at an $852 billion post-money valuation on March 31, 2026, a deal described by Bloomberg as the largest private funding round in Silicon Valley history.</p>\n\n<h2>From $800 Billion to $900 Billion: How the Talks Evolved</h2>\n\n<p>The current $900 billion discussions did not emerge from nowhere. As early as mid-April 2026, TechCrunch reported that venture capital firms had been making unsolicited, preemptive funding offers valuing Anthropic at $800 billion or more — and that Anthropic had declined those advances at the time. Within weeks, Bloomberg and CNBC reported that the valuation being discussed had climbed further, to above $900 billion.</p>\n\n<p>The proposed new round is reported to be approximately $50 billion in size, according to sources cited by TechCrunch. That would follow Anthropic's $30 billion Series G, which closed February 12, 2026, led by GIC and Coatue, and co-led by D. E. Shaw Ventures, Dragoneer, Founders Fund, ICONIQ, and MGX. That Series G was itself described by CNBC and Crunchbase News as the second-biggest private financing round on record for tech at the time it closed, behind only OpenAI's earlier raise of over $40 billion. With the Series G, Anthropic had raised nearly $64 billion since its 2021 founding, according to Crunchbase.</p>\n\n<p>A potential $900 billion valuation would also represent more than a doubling from Anthropic's $380 billion Series G valuation in under three months — and a dramatic acceleration from the company's $61.5 billion valuation recorded in March 2025, reflecting nearly a sixfold increase in approximately one year, according to data from Wikipedia citing Anthropic's Series E and Series G announcements.</p>\n\n<h2>Revenue Growth Is Driving Investor Interest</h2>\n\n<p>The investor appetite behind these discussions is anchored in Anthropic's rapid revenue growth. In early April 2026, Anthropic told CNBC that its business had reached <strong>$30 billion in annualized revenue</strong>, driven primarily by the popularity of its Claude Code agentic coding offering. That figure was up from $9 billion at the end of 2025 — a more than tripling in approximately four months — and Sacra estimates it was reached in March 2026, representing approximately 1,400% year-over-year growth.</p>\n\n<p>Claude Code has been a particular standout. According to Anthropic's February 12, 2026 Series G announcement, Claude Code's run-rate revenue had grown to over $2.5 billion as of that date, more than doubling since the start of 2026, with business subscriptions quadrupling in the same period. Eight of the Fortune 10 companies are now Claude customers, and over 500 customers spend more than $1 million annually on Claude, according to Sacra.</p>\n\n<p>Anthropic's enterprise focus has been a defining strategic choice. Unlike OpenAI, which has pursued both consumer and enterprise markets, Anthropic derives approximately 80% of its revenue from enterprise customers — a distinction that has shaped investor perception of its business model and growth durability.</p>\n\n<p>As Ben Barringer, Head of Technology Research at Quilter Cheviot, explained to Euronews: <em>"Anthropic differs from OpenAI in that it looks to sell to enterprises more than it does to the end consumer, so the business models are very different."</em></p>\n\n<h2>What Investors and Executives Are Saying</h2>\n\n<p>Investor enthusiasm for Anthropic was already on display at the time of the Series G close. Choo Yong Cheen, Chief Investment Officer of Private Equity at GIC — the lead investor in that round — stated in the official Anthropic press release: <em>"Anthropic is the clear category leader in enterprise AI, demonstrating breakthrough capabilities and setting a new standard for safety, performance, and scale that will drive their long-term success."</em></p>\n\n<p>From within Anthropic, Chief Financial Officer Krishna Rao framed the company's growth in terms of its enterprise customer relationships: <em>"Whether it is entrepreneurs, startups, or the world's largest enterprises, the message from our customers is the same: Claude is increasingly becoming critical to how businesses work."</em></p>\n\n<p>Anthropic itself has declined to comment on the current fundraising discussions, per its spokesperson's response to both Bloomberg and CNBC.</p>\n\n<h2>Context: An Industry-Wide Capital Arms Race</h2>\n\n<p>The fundraising discussions at Anthropic take place against a backdrop of extraordinary capital deployment across the frontier AI sector. Anthropic has committed $50 billion to build its own data centers, $30 billion to spend on Microsoft's cloud, and spends billions annually on AWS, according to TechCrunch — outlays that illustrate the enormous and ongoing infrastructure costs of competing at the frontier of AI development.</p>\n\n<p>OpenAI's March 2026 round, which set the previous benchmark for AI startup valuations, was anchored by Amazon ($50 billion, with $35 billion contingent on an IPO or achievement of AGI), Nvidia ($30 billion), and SoftBank ($30 billion), according to Bloomberg and OpenAI's official announcement. That round established an $852 billion post-money valuation — the figure that a $900 billion Anthropic valuation would surpass.</p>\n\n<p>The rapid escalation in AI company valuations reflects investor conviction that the enterprise AI market is in an early and fast-moving expansion phase. Both Anthropic and OpenAI are reportedly considering IPOs in 2026, adding further strategic context to the current fundraising activity. For Anthropic, remaining well-capitalized is not optional: the company's capital commitments for data center construction alone dwarf the size of the round now under discussion.</p>\n\n<p>It is worth noting, however, that Anthropic remains unprofitable, and the $900 billion valuation figure — which has not resulted in a signed term sheet — reflects forward-looking investor expectations rather than current earnings. The discussions are early-stage, and there is no guarantee a deal will be completed at any particular valuation or at all.</p>\n\n<h2>What Comes Next</h2>\n\n<p>As of April 30, 2026, no term sheet has been signed and Anthropic has not formally accepted any offers, according to Bloomberg and CNBC. The company's trajectory — from a $380 billion Series G valuation in February to discussions at more than double that figure in late April — suggests the fundraising environment for frontier AI remains intensely competitive, with investors competing to secure allocations in the leading private AI companies before any potential public market debut.</p>\n\n<p>Whether Anthropic proceeds with a new round at $900 billion, negotiates a different structure, or continues to decline offers remains to be seen. What is clear is that the company's annualized revenue growth, enterprise customer base, and dominant position in agentic coding tools have made it one of the most sought-after investment targets in the current technology landscape.</p>\n\n<p>For more tech news, visit our <a href=\"/news\">news section</a>.</p>\n\n<h2>Why This Matters for How You Work</h2>\n\n<p>The race to fund and build frontier AI isn't just a Wall Street story — it's reshaping the tools that professionals use every day. Claude Code and enterprise AI platforms are increasingly embedded in how businesses operate, how developers write software, and how knowledge workers manage their time and output. Staying informed about where AI is heading — and which platforms are gaining enterprise traction — is increasingly a productivity advantage in its own right. Join the <a href=\"/#waitlist\">Moccet waitlist</a> to stay ahead of the curve.</p>", "excerpt": "Anthropic is in early discussions with investors about a new funding round that could value the Claude maker at $900 billion — more than double its February 2026 Series G valuation and above OpenAI's current $852 billion mark. Bloomberg and CNBC confirmed the talks on April 29, 2026, though both noted no term sheet has been signed. The discussions follow explosive revenue growth, with Anthropic reporting $30 billion in annualized revenue as of early April 2026.", "keywords": ["Anthropic valuation", "Anthropic funding round", "Claude AI", "AI startup valuation", "enterprise AI investment"], "slug": "anthropic-900-billion-valuation-funding-round-2026" } ```