Anthropic Surpasses OpenAI in Valuation with $30 Billion Funding, Estimated at $90 Billion

Artificial intelligence (AI) startup Anthropic has agreed to terms for a new funding round worth $30 billion. Excluding the new investment, Anthropic's corporate valuation is expected to reach $90 billion. This figure surpasses that of its rival OpenAI, which was recently valued at $85.2 billion.

Reuters Yonhap News

On May 15 (local time), the Financial Times (FT) reported, citing two sources familiar with the matter, that Dragoneer, Greenoaks, Sequoia Capital, and Altimeter Capital have agreed to jointly lead this investment round. The new valuation is nearly three times the previous assessment. The deal is expected to close as early as this month.

The sources noted that each of the joint lead investors is likely to commit more than $2 billion. Anthropic is also in discussions with other investors to secure the remaining funds. However, they added that the terms of the deal could change before the official announcement.

This investment round has progressed rapidly. Last month, Anthropic received investment proposals from investors, and Krishna Rao, Anthropic's Chief Financial Officer (CFO), began formal discussions with potential investors over the past two weeks. However, major big tech companies are not expected to participate. Previously, Anthropic had secured multi-billion dollar investments from companies such as Amazon and Google.

This deal comes just three months after Anthropic raised $3 billion at a $35 billion valuation. FT reported that Anthropic appears to have recently surpassed OpenAI's revenue amid a sharp sales growth trend. However, the two companies reportedly use different accounting methods.

FT expects Anthropic's annualized revenue to soon exceed $4.5 billion. This estimate is based on recent weekly sales figures, extrapolated to annual revenue. This is a fivefold increase from $900 million at the end of last year.

This content was produced with the assistance of AI translation services.