Anthropic has closed a massive $30 billion Series G round, pushing its post money valuation to $380 billion. The raise cements the company as one of the most valuable private AI firms in the world.
The round was co led by D. E. Shaw Ventures, Dragoneer, Founders Fund, ICONIQ, and MGX, with participation from Qatar Investment Authority, Sequoia, Fidelity, JPMorgan $JPM ( ▼ 0.03% ) , Lightspeed, Microsoft $MSFT ( ▼ 0.13% ) , and Nvidia $NVDA ( ▼ 2.21% ) .
Revenue Growth Is Explosive
Anthropic said its annual run rate revenue has reached $14 billion, marking 10x growth in each of the past three years. The number of customers spending more than $100,000 annually on Claude has increased sevenfold over the past year.
Claude Code is emerging as a major engine of growth. Its run rate revenue has climbed above $2.5 billion and has more than doubled since the start of 2026. Business subscriptions to Claude Code have quadrupled during the same period.
Enterprise AI Arms Race
The company emphasized its diversified hardware strategy. Claude runs across AWS Trainium, Google TPUs, and Nvidia GPUs, allowing Anthropic to match workloads to the most efficient chips.
That flexibility, the company argues, delivers stronger performance and resilience for enterprise customers relying on Claude for mission critical tasks.
The AI Valuation Surge Continues
At a $380 billion valuation, Anthropic now sits among the elite tier of AI companies. With $14 billion in run rate revenue and accelerating enterprise adoption, investors are betting that demand for foundation models and AI coding tools is still in the early innings.
The AI capital arms race is not slowing down. It is accelerating.