Anthropic raises $65B in Series H funding at $965B valuation

AI company Anthropic has raised $65 billion in a Series H funding round, reaching a post-money valuation of $965 billion. The round, led by Altimeter Capital and Sequoia Capital, will fund compute expansion and safety research for its AI model, Claude. The company's run-rate revenue recently crossed $47 billion amid growing enterprise adoption, and it has signed major compute capacity deals with Amazon, Google, and SpaceX to meet demand.

Anthropic Series H funding round

• ▪Anthropic raised $65 billion in a Series H funding round.
• ▪The funding round was led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital.
• ▪The Series H funding round valued Anthropic at $965 billion post-money.
• ▪The funding is intended to advance safety research, expand compute capacity, and scale products and partnerships.

Claude enterprise revenue growth

• ▪Anthropic's run-rate revenue crossed $47 billion in May 2026.
• ▪Adoption of Anthropic's AI model, Claude, has grown among global enterprise customers since its Series G round in February.

Compute infrastructure expansion agreements

• ▪Anthropic reached an agreement with SpaceX for access to GPU capacity in Colossus 1 and Colossus 2.
• ▪The company secured five gigawatts of next-generation TPU capacity through an agreement with Google and Broadcom.
• ▪Anthropic signed an agreement with Amazon for up to five gigawatts of new compute capacity.

Memory chip manufacturer partnerships

• ▪Strategic infrastructure partners for the funding round include chip manufacturers Micron, Samsung, and SK hynix.
• ▪Partnerships with chip manufacturers are expected to help Anthropic scale its compute reliably.

Strategic investor participation

• ▪The funding round was co-led by Capital Group, Coatue, D1 Capital Partners, GIC, ICONIQ, and XN.
• ▪The investment includes $15 billion from previously committed investments from hyperscalers.
• ▪Of the hyperscaler investment, $5 billion was a previously committed investment from Amazon.

Cloud platform availability

• ▪Amazon Web Services (AWS) remains Anthropic's primary cloud provider and training partner.
• ▪Anthropic's AI model Claude is available on Amazon Web Services, Google Cloud, and Microsoft Azure.

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