AI startup Anthropic is reportedly set to raise around $20 billion in a new funding round – twice what it initially planned – as investor demand pushes its valuation to an estimated $350 billion. The move cements Anthropic’s status as one of the world’s most valuable private tech companies.
Founded in 2021 by former OpenAI employees Dario Amodei and Daniela Amodei, Anthropic has made its name developing a range of large language models (LLMs) under the Claude brand. Its focus on AI safety and responsible design has driven rapid enterprise adoption, with efforts continuously aimed at distinguishing it from competitors like OpenAI.
According to sources cited by the Financial Times, Anthropic’s latest funding round is expected to close soon and could push its valuation near $350 billion. Leading investors such as Sequoia Capital, Singapore’s GIC sovereign wealth fund, and Coatue Management are reportedly involved.
Much of Anthropic’s recent growth comes from the popularity of its main AI assistant, Claude, along with “Claude Code,” a tool designed to help programmers write and fix software.
Claude Code has been widely adopted by both startups and large companies, with hundreds of thousands of developers now using it as part of their daily work. Developers rely on the tool for tasks like writing code, finding bugs, creating documentation, and managing technical systems, making it a regular part of modern software development.
Anthropic also recently joined the push into medical AI with the launch of Claude for Healthcare, a specialized version of its flagship AI designed for healthcare and life sciences. The move followed OpenAI’s similar rollout of a health-focused edition of ChatGPT.
The anticipated valuation jump represents a sharp increase from Anthropic’s previous Series F funding round in September 2025, when the company raised $13 billion at a valuation of $183 billion. The scale and speed of this appreciation reflect not only accelerated revenue growth, but also broader market confidence in Anthropic’s vision.
