The artificial intelligence firm Anthropic has completed a $30 billion capital raise that values the company at $380 billion, more than doubling its valuation from the previous funding round in September. The transaction underscores the massive financial resources being deployed in the race to develop advanced AI systems.
Singapore’s GIC and hedge fund Coatue Management led the funding round, which stands as one of the largest private capital raises in corporate history. The involvement of such prestigious institutional investors reflects growing mainstream acceptance of AI technology as a transformative force in the global economy.
Anthropic’s financial performance justifies investor enthusiasm, with the company reporting $14 billion in annualized revenue. The firm has maintained an extraordinary growth trajectory, expanding revenue tenfold annually for three consecutive years.
The general availability launch of Claude Code in May 2025 has significantly boosted revenue streams. This AI coding assistant has gained traction with enterprise clients looking to enhance developer productivity and accelerate software development cycles.
Despite high operational costs associated with computing infrastructure and talent, Anthropic projects substantially improved financial efficiency. The company expects to reduce cash burn to approximately one-third of revenue in 2026, declining to just 9% by 2027, with break-even targeted for 2028.