Anthropic Is Now Worth Almost $1 Trillion—More Than OpenAI

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Anthropic secured a $900 billion valuation Thursday following a Series H fundraise of $65 billion, overtaking OpenAI as the world’s most valuable artificial intelligence startup.

Anthropic announced the funding round Thursday, revealing a $965 billion post-money valuation involving investments from Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital.

OpenAI raised $122 billion in a March funding round that increased its valuation to $730 billion, or $852 billion post-money.

Anthropic has more than doubled the valuation it posted in its previous funding round in February, when it raised $30 billion for a $380 billion valuation.

Anthropic said in its statement it expects its new funding to improve its safety research and help increase the computing power needed for growing demand of Claude, its flagship AI model.