Anthropic in talks with investors to raise funds at $900 billion valuation, higher than OpenAI

The artificial intelligence startup, founded five years ago by former OpenAI execs, is in talks with investors to raise money at a $900 billion valuation, according to a person familiar with the matter. No term sheet has been signed and talks are ongoing, said the person who asked not to be named because the discussions are private.

An Anthropic spokesperson declined to comment. Bloomberg was first to report on the potential financing.

OpenAI was valued at $852 billion in its last funding round in late March.

Anthropic said earlier this month that it’s business has reached $30 billion in annualized revenue, driven by the popularity of its Claude Code offering.

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— CNBC’s Lora Kolodny contributed to this report.