Anthropic (ANTH) Closes $30B Series G, Valuation Reaches $380B

Anthropic (ANTH) closed a record $30 billion Series G funding round, lifting its valuation to roughly $380 billion. The round, led by GIC and Coatue, included commitments from Microsoft and Nvidia, and signals preparation for a potential IPO later this year with Wilson Sonsini on retainer. The company estimates $14 billion in annualized revenue, up 1,300% from 2025, with 80% derived from enterprise clients, including over 500 customers spending over $1 million annually. Claude Opus 4.6, capable of processing up to 1 million tokens of context, is driving deeper AI integration into enterprise workflows. Market jitters are rising as generative AI encroaches on knowledge-intensive functions, pressuring traditional software revenue models. Despite this, private capital remains flowing at near-stratospheric levels, with OpenAI reportedly targeting a valuation north of $800 billion in a forthcoming round.