NEW YORK, NEW YORK - DECEMBER 03: CEO and co-founder of Anthropic Dario Amodei speak onstage during the 2025 New York Times Dealbook Summit at Jazz at Lincoln Center on December 03, 2025 in New York City. NYT columnist Sorkin hosted the annual Dealbook summit which brings together business and government leaders to discuss the most important stories across business, politics and culture. (Photo by Michael M. Santiago/Getty Images)Michael M. Santiago/Getty Images
Anthropic is planning a multibillion-dollar fundraise that would value the Claude chatbot maker at US$350-billion, two sources told Reuters on Wednesday.
This represents a nearly double increase in its valuation from about four months ago.
The AI startup plans to raise US$10-billion in a funding round with Singapore’s sovereign-wealth fund GIC and Coatue Management planning to lead the financing, The Wall Street Journal first reported on Wednesday.
The round could close within weeks, although the size and terms could change, the Journal said.
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Anthropic, which is backed by Alphabet’s Google GOOGL-Q and Amazon.com AMZN-Q, declined to comment.
Insatiable demand for AI and growing enterprise adoption has driven tech spending higher globally, pushing valuations of AI startups like Anthropic to record levels, even as concerns about an AI bubble loom.
Anthropic last raised US$13-billion in a Series F round that valued the company at US$183-billion, the company said in early September.
The company had hired law firm Wilson Sonsini to prepare for an initial public offering that could take place as early as 2026, the Financial Times reported early last month.
The newspaper also reported that Anthropic had discussed a private funding round that could value it at more than US$300-billion.
An Anthropic spokesperson told Reuters at the time that the company had not decided when, or whether, it would go public.
Founded in 2021 by former OpenAI staff, Anthropic’s Claude models have built a reputation among developers, particularly for coding tasks.
Reuters reported exclusively in October that Anthropic aimed to more than double and potentially nearly triple its annualized revenue run rate this year, helped by rising adoption of its enterprise products.