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Anthropic lands $65B record raise, valuation near $1T and annualized revenue over $47B

May 28, 202610:45 PMNewsroom AI

Anthropic closed a $65 billion funding round, bringing its post‑money valuation to about $965 billion — near $1 trillion and higher than rival OpenAI, according to coverage of the deal [1] [2].

Reports say the round was led by Altimeter Capital and is among the largest private funding rounds in technology history [1].

The company reported that its annualized revenue has surpassed $47 billion as it expands cloud and compute partnerships [2].

Some outlets described Anthropic as backed by Elon Musk in their reporting on the raise [3].

Coverage noted the valuation surge could put pressure on competitors such as OpenAI, and crypto publications highlighted regulatory concerns after the financing related to unauthorized equity token listings [4] [5].

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