SAN FRANCISCO (Diya TV) — Artificial intelligence startup Anthropic has surpassed OpenAI in valuation after raising $65 billion in a massive new funding round that pushed the company close to the $1 trillion mark.
The funding values Anthropic at about $965 billion, according to the company and investor reports. The sharp rise highlights the growing race among AI companies to dominate the fast-expanding artificial intelligence market. Anthropic said the latest investment will help it expand its AI products, grow research efforts, and bring its chatbot Claude to more businesses worldwide.
“This funding will help us serve the historic demand we are experiencing, stay at the research frontier, and bring Claude to more of the places where work happens,” Anthropic Chief Financial Officer Krishna Rao told Euro News.
The company’s rapid growth reflects strong demand for AI tools that help businesses with coding, writing, and office work. Anthropic said its annualized revenue run rate has climbed to $47 billion. That figure stood at $30 billion earlier this year and just $10 billion last year. Anthropic’s flagship chatbot,t Clau, competes directly with OpenAI’s ChatGPT. The company said Claude has become the first advanced AI model available on all three major cloud platforms: Amazon Web Services, Google Cloud, and Microsoft Azure.
The move could help Anthropic reach millions of business customers who already rely on those cloud services for daily operations. Major investment firms led the company’s latest Series H funding round. Investors included Altimeter Capital, Dragoneer Investment Group, Greenoaks, and Sequoia Capital. Anthropic said the financing package also includes $15 billion in previously committed investments.
Amazon remains one of Anthropic’s biggest supporters. The tech giant previously pledged $5 billion to the company as part of its long-term partnership. The new valuation marks a dramatic jump for Anthropic. In February, the company carried a valuation of about $380 billion. Its worth has nearly tripled within months as investor demand for AI companies continues to surge.
The latest milestone also changes the balance of power in the artificial intelligence industry. OpenAI had announced in March that it was moving toward a valuation of about $852 billion after raising $122 billion from investors. Anthropic has now moved ahead in the race to become the world’s most valuable AI startup. The growing competition between Anthropic and OpenAI reflects the broader AI boom reshaping the technology sector. Businesses across industries continue to adopt AI tools for customer service, programming, research, and content creation.
Anthropic also launched a new version of its AI model, Claude Opus 4.8, on Thursday. The company said the updated model performs better in coding, writing, and professional office tasks than earlier versions. The release signals Anthropic’s push to compete more aggressively with OpenAI and other major AI developers. Companies are now racing to release smarter and faster AI systems as demand rises from businesses and consumers.
The AI investment boom has also lifted valuations across the technology industry. Elon Musk’s SpaceX reached a valuation of about $800 billion last year. Its valuation later climbed to around $1.25 trillion after merging with Musk’s AI company xAI earlier this year. Investors continue to pour billions into artificial intelligence startups as companies promise major changes in how people work and communicate. Analysts say businesses that lead the AI market could shape the future of technology for years.
Anthropic’s rise also shows how quickly the AI industry is evolving. Just a few years ago, OpenAI dominated public attention with the launch of ChatGPT. Now, competitors like Anthropic are gaining ground with new AI models and strong business partnerships. The company’s growing presence on Amazon, Google, and Microsoft cloud platforms could strengthen its position further. Wider access gives businesses more opportunities to integrate Claude into daily workflows and software systems.