AI start-up Anthropic, backed by billionaire Elon Musk, has become one of the most valuable private technology company in the world. The feat comes after raising a $65 billion Series A round led by a large number of investors that includes Tesla’s founder.
The SpaceX affiliate Anthropic has surpassed OpenAI in valuation after raising a massive funding round from a large group of investors that included Tesla’s founder.
The latest capital raise was announced within months after Anthropic finished a separate $30 billion financing round with a valuation of $350 billion. It represents an unprecedented surge in investor interest in AI businesses, experts say.
It now has a valuation higher than OpenAI’s estimated post-money value of $852 billion after its $122 billion fundraising round.
Anthropic also announced earlier this month that revenue grew more than fivefold this year to over $47 billion annually.
The fresh capital will be utilized to build up computing infrastructure, scale partnerships after the SpaceX collaboration. Further, it has continued investing in AI safety and interpretability research, the firm said.
Anthropic Is Now Worth Almost $1 Trillion—More Than OpenAIhttps://t.co/kIJZACMfLH pic.twitter.com/h8jyJ0lk1n
— Forbes (@Forbes) May 28, 2026
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