Anthropic, the artificial intelligence company founded by former OpenAI executives, is moving swiftly toward closing a major new funding round that could value the company at more than $900 billion, according to sources familiar with the matter.
The company has asked investors to submit their allocation requests within the next 48 hours, a sign that the deal could be finalized within approximately two weeks, sources told TechCrunch. The urgency of the timeline underscores the intense investor appetite for leading AI companies in the current market environment.
If the reported valuation holds, it would mark a dramatic increase in Anthropic's worth and position the company among the most valuable private technology firms in the world. The fundraise would reflect the broader surge in confidence surrounding frontier AI development, as businesses and governments race to secure access to cutting-edge artificial intelligence capabilities.
Anthropic was founded in 2021 by Dario Amodei, Daniela Amodei, and several other former OpenAI researchers. The company develops Claude, its flagship family of AI assistants, and has positioned itself as a safety-focused alternative in the competitive large language model space.
The company has already attracted significant backing from major investors, including Google and Amazon, the latter of which committed billions of dollars in a landmark deal that helped establish Anthropic as one of the most heavily funded AI startups in history.
A successful close at or above the reported valuation would come as competition in the AI industry continues to intensify, with rivals including OpenAI, Google DeepMind, and Meta all pushing aggressively to advance their own models and products.
Anthropic has not made any official public comment on the reported fundraising timeline or valuation figures.
