Anthropic Raises at $965 Billion Valuation, Eclipsing OpenAI (2)

May 28, 2026, 8:05 PM UTC

Anthropic PBC raised $65 billion in a funding round that valued the artificial intelligence company at $965 billion including the new investment, eclipsing rival OpenAI’s value for the first time.

The funding, announced Thursday, was led by Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital. Each of the lead investors put in more than $2 billion, according to people familiar with the matter. Sequoia declined to comment. The other three firms did not respond to a request for comment.

Alphabet Inc.’s Google contributed several billion dollars to the round as part of a previously announced commitment ...

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