Anthropic raises $3.5 billion, reaching $61.5 billion valuation as AI investment frenzy continues

Anthropic has closed a $3.5 bn S er i es E f u n d in g ro u n d, w i t h t h eco m p an yre p or t in g anann u a l i se d re v e n u eo f$ 1bn in December 2024, a 10-fold increase YoY.
The massive investment comes as investors increasingly put their money into AI companies amid an escalating race in the sector that includes Softbank-backed OpenAI and Chinese AI DeepSeek.
Anthropic plans to use the funding to develop next-generation AI systems, expand its compute capacity, deepen its research in mechanistic interpretability and alignment, and accelerate its international expansion.
The investment also shows “a fundamental recalibration of how growth is valued in the marketplace”, with traditional valuation models “simply weren’t designed for companies experiencing growth curves this steep”, according to The Information.

Fast Feed