Anthropic has just reset expectations for what an AI startup can be worth, closing a $30 billion funding round that pegs the company at a $380 billion valuation. The maker of Claude has vaulted into a valuation tier previously reserved for the largest public tech companies, doing so while remaining privately held and focused on enterprise AI demand. I see this as a defining moment in the current AI investment cycle, both in how capital is being deployed and in what investors now assume about the pace of model and infrastructure growth.
The new capital instantly makes Anthropic one of the most valuable private companies on record, arriving at a moment when hyperscalers, chipmakers, and sovereign funds are all racing to secure stakes in the most capable AI platforms. By tying such a large round to a $380 billion price tag, backers are effectively betting that Anthropic can turn its research lead and commercial traction into durable, platform-level economics.
How Anthropic’s $30 billion round came together
The headline number is staggering on its own: Anthropic raised $30 billion in a single Series G transaction, a scale of late-stage financing that has almost no precedent in private tech. The company has said that this Series G was led by GIC and Coatue, with additional participation from D. E. Shaw Ventures and Dragoneer, reflecting a mix of sovereign wealth and crossover investors that typically target pre-IPO giants. That investor mix helps explain how Anthropic could clear a post-money valuation of $380 billion while still in the private markets.
Several reports describe the round as a Series G raise led by GIC and Coatue, with Anthropic explicitly linking the capital to surging enterprise interest in AI assistants and coding tools. Another account notes that Anthropic announced on Thursday that it had closed a $30 billion Series G funding round, again emphasizing the lead roles of GIC and Coatue in setting terms for the deal and confirming the $380 billion valuation that now defines the company in secondary markets.
From Claude to cash flow: why investors are paying up
To understand why investors were willing to fund Anthropic at this level, it helps to look at the underlying product traction. Anthropic, the maker of artificial intelligence model Claude, has built its brand around safety-focused, high-capability assistants that enterprises can embed into workflows from customer support to software development. Reporting on Claude’s revenue describes a business that has rapidly scaled annualized sales, giving investors a clearer line of sight into how a research-heavy AI lab can turn models into recurring subscription and usage fees.
Anthropic’s own description of the round highlights growing demand in enterprise AI and coding, with the company pointing to customers that rely on its models for critical products and services. One analysis notes that the fresh capital will support Anthropic Just Raised $30B at a $380 Billion Valuation and frames it as the Second-Biggest Tech Raise Ever, capturing how unusual it is to see this much private money chase a single AI platform. That same piece characterizes the deal as a new milestone in The AI funding race, reinforcing why investors see Anthropic’s Claude and related tools as central to the next wave of software and infrastructure spending.
Infrastructure ambitions and the data center energy bill
Raising $30 billion is not just about hiring more researchers; it is also about paying for the enormous compute and energy footprint that frontier AI models require. Anthropic Raises $30B, Vows to Pay Data Center Energy Bill, a line that captures the company’s commitment to shoulder the cost of the power that its workloads consume rather than pushing that burden entirely onto customers or cloud partners. In practical terms, that means Anthropic is positioning itself as a long-term buyer of advanced GPUs and as a counterparty willing to sign large, multi-year power and capacity deals with data center operators.
The same reporting notes that the AI company has quadrupled its scale, with Anthropic describing how the new capital will help it maintain and expand the infrastructure that supports the products its customers depend on. The emphasis on paying the data center energy bill is also a signal to regulators and corporate buyers who are increasingly sensitive to the environmental and grid impacts of AI compute. By explicitly taking on that responsibility, Anthropic is trying to differentiate itself from smaller labs and open-source projects that rely on shared infrastructure but cannot credibly commit to long-term energy procurement in the same way.
Private valuation, secondary markets, and the path to IPO
Despite the public-market scale of its valuation, Anthropic remains a private company that is not listed on any exchange. One investor-focused overview makes this clear with a straightforward question and answer: Is Anthropic a public company? The response is that Anthropic is a private company and is currently not publicly traded on any stock market, a point that is repeated in Is Anthropic, which explains that investors today typically access Anthropic exposure through private secondary transactions.
Those secondary markets are already reflecting the new valuation. A separate snapshot of Anthropic IPO expectations lists a Forge Price of $259.14, a daily change of $13.84, and a percentage move of 5.07%, along with a headline figure of $380B and a prior valuation of $53.15B tied to the Last Funding Round marked as Series G-1. That data illustrates how quickly Anthropic’s implied worth has expanded in a short window and shows that even before this latest Series G, private-market participants were already pricing in a significant step-up ahead of any eventual listing.
Strategic backers, competitive stakes, and what comes next
Anthropic’s new valuation does not exist in a vacuum; it sits at the intersection of major technology and capital markets strategies. One detailed account of the financing notes that Anthropic closes $30 billion funding round as cash keeps flowing into top AI startups, with additional funding from Microsoft and Nvidia layered on top of the GIC and Coatue commitments. That description of Anthropic closes makes clear that hyperscalers and chip providers are not just commercial partners, they are also financial stakeholders with a direct interest in Anthropic’s success.
Another summary of the deal describes how Anthropic Lands $30 Billion At $380 Billion Valuation and refers to the company by the ticker-style shorthand ANTHRO, underlining how investors already talk about it as if it were a public stock. That same analysis of Anthropic lands mentions that the company is sharing 50% of Claude Code revenue in certain partner arrangements, which hints at how Anthropic is willing to structure revenue-sharing deals to deepen ecosystem ties. On the trading side, a brief market note points out that on Feb 13, 2026, 07:33 G, MSFT, NVDA, and ORCL were all highlighted in connection with Anthropic Raises $30 Billion at $380 Billion Valuation, a reminder that public investors are already treating Anthropic’s trajectory as material to the earnings power of the largest listed tech names, even if they cannot yet buy Anthropic shares directly.
