The artificial intelligence startup Anthropic has completed a $30 billion capital raise, more than doubling its valuation from $183 billion to $380 billion. The substantial increase reflects both technological advancement and strong investor demand for AI exposure.
GIC, Singapore’s sovereign wealth fund, and Coatue Management jointly led the investment, which represents one of the largest private fundraising transactions on record. The backing from major institutions signals strong confidence in Anthropic’s competitive position.
Anthropic’s financial metrics demonstrate exceptional performance, with the company achieving $14 billion in annualized revenue. The firm has accomplished tenfold revenue growth annually for three straight years, outpacing most technology companies.
A significant driver of recent growth has been Claude Code, the AI-powered coding tool that launched for general use in May 2025. Enterprise adoption has been robust, contributing materially to the company’s revenue expansion.
The company projects substantial operational improvements ahead, forecasting that cash burn will decline to roughly one-third of revenue in 2026 and just 9% by 2027. Anthropic targets break-even by 2028, ahead of primary competitors.