Anthropic Hits 965 Billion Valuation as Revenue Surges to 47 Billion

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Anthropic raised $65 billion in Series H funding, valuing the company at $965 billion as its annual revenue run-rate crossed $47 billion. This massive capital injection and growth signal a shift toward gigawatt-scale compute and deep integration with global hardware supply chains.

Anthropic raised $65 billion in Series H funding at a $965 billion post-money valuation, led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital. This follows the Anthropic Series G revenue surge, with the company now reporting a run-rate exceeding $47 billion as global enterprises deploy Claude into core operations.
Series H funding
$65 billion
Post-money valuation
$965 billion
Run-rate revenue
$47 billion
Total compute capacity
10 gigawatts
Strategic hardware partners
Micron, Samsung, SK hynix

The funding secures the infrastructure required for frontier models. Anthropic confirmed 10 gigawatts of total compute capacity through deals with Amazon and Google, alongside new GPU access via SpaceX. By adding Micron, Samsung, and SK hynix as strategic investors, the company is vertically integrating its supply chain for memory and logic chips.

This capital will accelerate safety and interpretability research while scaling agentic tools like Claude Code and Cowork. While the valuation now exceeds the OpenAI Series G valuation, the focus remains on meeting historic enterprise demand. You can continue accessing Claude through AWS, Google Cloud, and Microsoft Azure.

View the full update on anthropic.com
Anthropic
Anthropic
@AnthropicAI
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We've raised $65 billion in Series H funding at a $965 billion post-money valuation, led by @AltimeterCap, Dragoneer, @Greenoaks, and @sequoia. This investment will help us advance our research and expand our capacity to meet growing demand for Claude.

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Still wondering? A few quick answers below.

Anthropic raised 65 billion dollars in its Series H funding round, which included 15 billion dollars in previously committed investments from hyperscalers—large-scale cloud providers like Amazon. This massive capital injection was led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital, bringing the company to a post-money valuation of 965 billion dollars.

Anthropic reported that its annual run-rate revenue crossed 47 billion dollars earlier this month. This represents a significant increase from the 30 billion dollar run-rate reported in April 2026. The growth is driven by large-scale enterprise adoption of Claude models and agentic tools across core business operations globally.

Anthropic is securing massive infrastructure through strategic partnerships. The company signed agreements for 5 gigawatts of capacity with Amazon and another 5 gigawatts of next-generation TPU capacity—specialized Google AI chips—with Google and Broadcom. Additionally, Anthropic secured access to GPU capacity—standard AI processing chips—through SpaceX via the Colossus 1 and 2 clusters.

Beyond traditional venture capital firms, Anthropic added strategic infrastructure partners including Micron, Samsung, and SK hynix. These companies are critical providers of the world's supply of memory, storage, and logic chips. These relationships are intended to help Anthropic scale its compute resources reliably as demand for frontier AI models continues to grow.

Claude is the first frontier model available across all three major cloud platforms: Amazon Web Services, Google Cloud, and Microsoft Azure. While AWS remains the primary cloud provider and training partner, these partnerships allow global organizations to deploy Claude within their existing infrastructure to handle complex workflows, professional work, and long-running agentic tasks.

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