Anthropic closes $30B Series G, valuation jumps to $380B

San Francisco: Anthropic has closed a $30 billion Series G funding round, pushing the AI company’s valuation to $380 billion, the company announced on Thursday. The new valuation marks a sharp rise from its $183 billion valuation during its Series F round completed just a few months ago. Some details of the fundraising had surfaced earlier through reports.

The latest round was led by Singapore’s sovereign wealth fund GIC and investment firm Coatue, with several major investors joining as co-leads. These included D. E. Shaw Ventures, Founders Fund, and Abu Dhabi-based MGX.

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Other backers participating in the round include Accel, General Catalyst, Jane Street, and the Qatar Investment Authority. The funding also includes a portion of previously announced investments from Microsoft and Nvidia.

The massive capital raise comes as Anthropic intensifies competition with OpenAI for enterprise customers and broader influence in the AI market. OpenAI has also signalled plans to raise as much as $100 billion more, which could take its valuation to around $830 billion.

Anthropic has been gaining traction by focusing heavily on coding-focused AI tools, particularly Claude Code, which has seen strong adoption among developers. The company said its current annualised revenue run rate stands at $14 billion, with Claude Code alone contributing more than $2.5 billion. Business subscriptions for the tool have grown rapidly, with enterprise customers now accounting for more than half of its revenue.

Commenting on the fundraising, Krishna Rao, Anthropic’s chief financial officer, said, “Whether it is entrepreneurs, startups, or the world’s largest enterprises, the message from our customers is the same: Claude is increasingly becoming more critical to how businesses work. This fundraising reflects the incredible demand we are seeing from these customers, and we will use this investment to continue building the enterprise-grade products and models they have come to depend on.”

Anthropic has also taken a more proactive stance on AI regulation, recently committing funds to support policymakers who back stronger oversight of the sector.