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Corporate Score 78 Bullish

Anthropic Targets $900 Billion Valuation to Fuel AI Infrastructure Expansion

Apr 29, 2026 23:09 UTC
AMZN, GOOGL, NVDA, SFTBY
Short term

AI developer Anthropic is seeking new funding at a valuation that would exceed OpenAI's current market standing. The capital is intended to support the massive compute requirements of its new cybersecurity-focused model.

  • Proposed valuation of $900 billion surpasses OpenAI's $852 billion
  • Annualized revenue surged to $30 billion from $10 billion last year
  • Strategic compute deals with Amazon and Google/Broadcom provide 10GW total capacity
  • Funding specifically targets the compute needs of the Claude Mythos cybersecurity model
  • Significant investment commitments from Amazon ($25B) and Google ($40B)

Anthropic is currently in discussions with investors to secure new funding at a valuation of $900 billion, a move that would potentially position it as the most valuable private AI company globally. This proposed figure represents a steep increase from the company's February valuation of $380 billion. The funding push comes as Anthropic intensifies its competition with OpenAI, which was valued at $852 billion in late March following a record-breaking $122 billion funding round supported by Nvidia, SoftBank, and Amazon. The capital raise is largely motivated by the immense infrastructure requirements of 'Claude Mythos Preview,' a specialized model with advanced cybersecurity capabilities. This model has already sparked high-profile interest from bank executives and members of the Trump administration, necessitating significant investment in compute power to maintain and deploy the system. To support this scaling, Anthropic has secured strategic backing from cloud giants. Amazon has committed up to $25 billion and 5 gigawatts of compute capacity, while Google plans to invest up to $40 billion, providing an additional 5 gigawatts of capacity through a partnership with Broadcom starting next year. The company's financial momentum is compounding, with annualized revenue reaching $30 billion, a significant jump from the approximately $10 billion generated last year. This growth has been further bolstered by the release of its AI coding assistant, Claude Code, and the latest general-purpose model, Claude Opus 4.7.

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