Anthropic raises $65B, nears $1T valuation ahead of IPO

TechCrunch reports that Anthropic has completed a Series H funding round of US$65 billion, bringing its post-money valuation to US$965 billion, approaching US$1 trillion. According to the original article, this round may be the last large-scale fundraising Anthropic conducts as a private company before its highly anticipated IPO. The core significance of this news is that top AI startups are still able to achieve extremely high valuations and raise large amounts of capital before going public, showing that capital markets continue to hold strong expectations for foundation model companies, AI platformization opportunities, and future commercialization capabilities. For investors, a post-money valuation of US$965 billion means Anthropic is approaching the valuation tier of the world's largest technology companies, and the subsequent IPO pricing, public market acceptance, and whether revenue growth can support such a valuation will all become focal points to watch. For entrepreneurs and AI industry practitioners, this also reflects how the most cutting-edge AI companies are entering another phase: competition is no longer just about model capability and product adoption rates, but also about access to capital, infrastructure costs, enterprise customer expansion, and the timing of going public. The original article does not provide a list of investors in this round, revenue figures, an IPO timeline, or any further commentary from Anthropic about the deal, so no additional undisclosed details should be inferred. Based on the currently available information, this is a major piece of AI business and capital market news, signaling that Anthropic's private valuation is approaching the trillion-dollar level and making its potentially forthcoming IPO all the more closely watched.