Anthropic Eyes 900 Billion Dollar Valuation to Overtake OpenAI

Anthropic, the company behind the Claude artificial intelligence assistant, is weighing a new funding round at a valuation exceeding 900 billion dollars. If the deal closes, Anthropic would overtake OpenAI to become the most valuable AI startup on the planet. The news, first reported by Bloomberg, marks a dramatic shift in the race between the two leading AI companies.

A Valuation That Doubled in Months

Just two months ago, Anthropic was valued at 380 billion dollars. Now the company is entertaining offers from multiple investors that would push its worth past 900 billion dollars, representing a roughly 137 percent increase in a matter of weeks. The company aims to raise approximately 50 billion dollars in fresh capital. A board decision is expected in May 2026, though Anthropic has not yet accepted any offers. For context, a large language model, or LLM, is the core technology behind tools like Claude. Building and training these models requires enormous computing power, which is why AI companies need such massive funding rounds.

Surpassing OpenAI and Eyeing an IPO

OpenAI closed a record-breaking 122 billion dollar funding round in March at a valuation of 852 billion dollars. If Anthropic secures a deal above 900 billion, it would leapfrog its rival for the top spot. The milestone highlights how quickly investor sentiment can shift in the fast-moving AI industry. Anthropic is also exploring a potential initial public offering, or IPO, as early as October 2026. The company counts both Google and Amazon among its major backers, with each committing tens of billions of dollars in investment. Despite these massive valuations, Anthropic has yet to turn a profit, a common trait among AI startups that are investing heavily in research, GPU infrastructure, and talent to stay competitive.

The potential deal underscores the extraordinary pace at which the AI industry is growing. Whether Anthropic can justify a near-trillion dollar valuation will depend on its ability to turn its technical leadership into sustainable revenue. For now, the funding race between the top AI companies shows no signs of slowing down.