The AI company Anthropic has successfully completed a $30 billion fundraising round, pushing its valuation to $380 billion and more than doubling its worth from just five months ago. The substantial capital raise highlights the continued enthusiasm among investors for companies at the forefront of artificial intelligence development.
GIC and Coatue Management led the investment round, with GIC’s chief investment officer for private equity stating that Anthropic has established itself as the leading enterprise AI provider. The backing from such prominent institutional investors signals strong confidence in the company’s technology and business model.
Financial metrics reveal impressive growth, with annualized revenue hitting $14 billion. The company has achieved the rare feat of growing revenue tenfold year-over-year for three straight years, a testament to strong market demand for its AI products and services.
Claude Code, which became generally available in May 2025, has been instrumental in driving recent revenue expansion. The AI coding tool addresses a significant market need by helping developers write, debug, and optimize code more efficiently.
Anthropic forecasts reducing its cash consumption to roughly one-third of revenue in 2026 and just 9% by 2027, with a target of reaching profitability in 2028. Previous investors in the company include Amazon, which has committed $8 billion, and Google, which invested $2 billion in 2023.