Anthropic PBC is reportedly securing at least $1 billion in funding from Coatue Management, Singapore’s GIC, and Iconiq Capital, highlighting strong investor confidence driven by the artificial intelligence startup’s rapid revenue growth. According to individuals familiar with the matter, the financing round underscores the intense interest in Anthropic’s potential within the burgeoning AI sector. Anthropic, which focuses on AI safety and research, is developing AI systems like Claude, designed to be helpful, harmless, and honest. The company aims to build reliable and interpretable AI.
Anthropic’s revenue run rate has more than doubled since last summer, reportedly reaching over $US9 billion ($13.3 billion) by the end of 2025. Sources indicate that the company’s run rate, which annualises revenue based on recent performance, was at $US4 billion in July of the previous year. The substantial increase reflects growing demand for Anthropic’s AI solutions and its expanding market presence.
The current funding round is oversubscribed, with investors committing more than the initially targeted $US10 billion from investment firms. This, combined with $US15 billion in previous commitments from Nvidia and Microsoft, could push the total financing well beyond $US20 billion. Coatue Management and GIC are expected to contribute approximately $US1.5 billion each, with Iconiq Capital planning to invest $US1 billion or more.
Lightspeed Venture Partners and Menlo Ventures are also reportedly participating in the funding round. While Anthropic, GIC, Iconiq, Lightspeed, Coatue, and Menlo Ventures have all declined to comment on the matter, the scale of the investment signals significant confidence in Anthropic’s future prospects and its position in the competitive AI landscape.
