Anthropic Raises $65B, Becomes Most Valuable AI Startup

May 29·0:00 listen·Source: Mexico Business News

Summary

Anthropic has secured an impressive US$65 billion in Series H funding, catapulting its valuation to US$965 billion. This makes Anthropic the most valuable AI startup globally. The company's valuation has tripled in just several months, now surpassing OpenAI. This rapid growth also places it within range of SpaceX. Anthropic's revenue run rate hit US$47 billion this month, a significant jump from earlier figures. Financial projections suggest a 130% revenue surge, expected to lead to the organization's first operating profit. Krishna Rao, Anthropic's CFO, says this funding will help meet historic demand, advance research, and bring Claude to more workplaces. The investment supports scaling infrastructure and research, especially for enterprise demand. Anthropic is making its Claude AI model available across major cloud platforms like AWS, Google Cloud, and Microsoft Azure. This significant investment highlights the intense competition and rapid expansion within the AI industry.

Read the full article on Mexico Business News

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