Investors Are Betting Big on Anthropic Over OpenAI
New Delhi: Artificial intelligence firm Anthropic has secured $65 billion in fresh private funding, pushing its valuation to an estimated $965 billion and placing it ahead of OpenAI Valuation in the rapidly expanding AI industry.
The San Francisco-based company, known for its Claude chatbot, said the latest investment round was led by Altimeter Capital, Dragoneer Investment Group, Greenoaks Capital and Sequoia Capital. The funding marks one of the largest private capital raises in the technology sector and strengthens Anthropic’s position among the world’s most valuable start-ups.
Anthropic was founded in 2021 by former OpenAI executives and has quickly emerged as one of the biggest competitors to ChatGPT creator OpenAI.
The company revealed that it is now generating annualised revenue of nearly $47 billion through its AI products and enterprise services. Claude, Anthropic’s flagship chatbot, is increasingly being used by businesses and individuals for coding, research, automation and workplace tasks.
Alongside the funding announcement, Anthropic introduced its latest AI model, Claude Opus 4.8, which the company claims offers improved performance in coding and advanced professional work.
The rapid growth of Claude has intensified competition with OpenAI, which sparked the global AI boom after launching ChatGPT. OpenAI last reported plans for a valuation of around $852 billion following a major fundraising round earlier this year.
Anthropic, OpenAI and Elon Musk’s SpaceX-backed AI ventures are all widely expected to move toward public listings in the coming years. However, despite soaring valuations and investor enthusiasm, concerns continue over heavy financial losses across the AI sector and fears of a possible technology bubble.
Industry analysts say companies are spending aggressively on research, infrastructure and computing power to stay ahead in the race to develop advanced AI systems.
Despite its commercial success, Anthropic has also faced regulatory and political scrutiny. The company has been involved in legal disputes with the US government regarding the military use of artificial intelligence tools.
At the same time, Anthropic has participated in broader global conversations around AI ethics, cybersecurity and regulation, as governments and institutions push for stronger oversight of rapidly advancing technologies.
