Sources: Anthropic could raise new $50 billion round at a $900 billion valuation

Investor interest in Anthropics has reached a fever pitch.

The maker of the Claude AI assistant has received several preemptive offers to raise about $50 billion in new capital at a valuation of between $850 billion and $900 billion, according to six sources familiar with the matter. Bloomberg and Business Insider reported earlier this month that Anthropic had received several preemptive bids for $800 billion, but at the time, the company had not yet committed to a fundraising.

However, sources say Anthropic is finding it difficult to resist pressure to secure more funding in what could be the final round of private fundraising before a potential IPO. The company is expected to make a final decision on the round and its evaluation at a board meeting in May, one of the people told TechCrunch.

The round is expected to total $40 billion to $50 billion, according to people familiar with the company. But investor demand seems to be much higher given the company’s rapid growth, which shows no sign of slowing down. Investors are demanding to enter this round. One institutional investor willing to commit up to $5 billion has not yet been able to secure a meeting with Anthropic’s CFO, Krishna Rao, according to a source.

Anthropic announced this month that its annual revenue run rate has surpassed $30 billion, a significant increase from about $9 billion at the end of 2025. The company’s run rate is currently close to $40 billion, a person familiar with the company’s financials said.

Antropik declined to comment.

A significant portion of this revenue is driven by Anthropic’s AI coding capabilities, specifically through its Claude Code and Cowork platforms. Many investors believe the company is only scratching the surface of its potential, given the tremendous opportunity to expand its offerings into new industries, including finance, life sciences, and healthcare.

Anthropic raised its latest round at a $380 billion valuation in February. If the company proceeds to raise further funds on the terms described by TechCrunch’s sources, its value would not only more than double, but would also match or beat its main competitor. Also in February, OpenAI closed a record $122 billion round at a post-cash valuation of $852 billion.