Anthropic tops OpenAI as most valuable AI startup, nears $1 trillion valuation in latest round Anthropic has secured a $65 billion Series H financing round, valuing the company at $965 billion, surpassing its rival OpenAI. The company reported a $47 billion revenue run rate, fueled by its AI coding assistant Claude Code, and has released new models including Claude Opus 4.8 and Claude Mythos Preview. This funding comes as Anthropic, along with OpenAI and Elon Musk’s SpaceXAI, prepares for a potential public offering.

• Anthropic’s Series H financing round valued the company at $965 billion, making it the most valuable AI company in Silicon Valley.
• This valuation surpasses that of rival AI lab OpenAI, which was valued at $852 billion in late March.
• The $65 billion round was led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital, and nearly triples Anthropic’s February valuation.
• Anthropic’s revenue has surged, with a reported $47 billion revenue run rate, up from $30 billion earlier this year.
• New AI models released include Claude Opus 4.8 and Claude Mythos Preview, featuring advanced cybersecurity capabilities.
• Anthropic is preparing for an IPO, alongside OpenAI and Elon Musk’s SpaceXAI, which recently filed its prospectus.