Anthropic Valuation Soars to $350 Billion as Investors Double Funding Target
Anthropic is raising approximately $20 billion at a staggering $350 billion valuation, far exceeding its initial $10 billion target. The surge reflects overwhelming investor confidence in the AI sector's growth trajectory. Singapore’s GIC and Coatue lead the round, with Sequoia Capital and existing backers participating.
The company has revised its revenue projections upward—now targeting $18 billion by 2026 and $55 billion by 2027. Yet rising operational costs have delayed its cash-flow positive target to 2028. Preparations for a potential IPO are underway, with Wilson Sonsini advising on early-stage logistics.
Market observers note the funding round’s scale could Ripple through tech-adjacent sectors, including blockchain and GPU-dependent cryptocurrencies. The AI boom continues to galvanize capital deployment, with implications for infrastructure tokens and compute-focused networks.