Anthropic reportedly raised $10 billion at a $350 billion valuation

Anthropic is poised to raise a new $10 billion at a $350 billion valuation, according to the Wall Street Journal. TechCrunch confirmed the raise and valuation, according to a person familiar with the matter.

The Claude maker last raised a $13 billion Series F round at a $183 billion valuation three months ago, so this raise nearly doubles the value of the AI ​​company. In March, Anthropic took in $3.5 billion at a valuation of $61.5 billion.

Coatue Management and GIC, Singapore’s sovereign wealth fund, will lead the new round, according to the Wall Street Journal, which cited sources familiar with the deal. Anthropic is expected to close its latest financing in the coming weeks, and the total amount of the deal may change.

This round will be separate from the $15 billion that Nvidia and Microsoft recently committed to invest in Anthropic, a “circular” deal that will see Anthropic purchase $30 billion worth of computing capacity from Microsoft Azure running on Nvidia chips.

The new capital comes as Anthropic continues to win the hearts of developers with Claude Code, its tool designed to automate the programming process, powered by Claude Opus 4.5. It also comes as Anthropic prepares for a potential initial public offering this year alongside its main competitor, OpenAI. OpenAI is also in talks to raise up to $100 billion at a valuation of up to $830 billion.

Anthropic declined to comment.

This article has been updated to reflect TechCrunch separately confirming the round.