• Home
  • About US
  • Contact Us
  • Privacy Policy
  • Terms of Use

Archives

  • September 2026
  • August 2026
  • July 2026
  • June 2026
  • May 2026
  • April 2026
  • March 2026
  • February 2026
  • January 2026
  • December 2025
  • November 2025
  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • March 2022
  • February 2022
  • January 2022
  • November 2019

Categories

  • Auto
  • Business
  • Climate & Earth
  • Coronavirus
  • Crypto
  • Entertainment
  • Happiness Basket
  • India
  • Learn | Unlearn | Relearn
  • Lifestyle
  • Politics
  • Research Discoveries
  • Science & Technology
  • Sports
  • Trending
  • Video
  • World
  • Home
  • About US
  • Contact Us
  • Privacy Policy
  • Terms of Use
Read Selective
  • World
  • Politics
  • India
  • Business
  • Entertainment
  • Lifestyle
  • Auto
  • Crypto
  • Coronavirus
  • Happiness Basket
  • Research Discoveries
  • Business

Anthropic’s valuation surges to $965 billion, surpassing OpenAI

  • May 29, 2026
Anthropic logo is seen in this illustration taken March 1, 2026. REUTERS/Dado Ruvic/Illustration//File Photo Purchase Licensing Rights

Anthropic said on Thursday it has raised $65 billion at a post-money valuation of $965 billion, as it aims to ​bolster computing capacity to meet growing demand for chatbot Claude and ‌scale its products.
The new valuation after the series H funding round puts Anthropic ahead of OpenAI, last valued at $852 billion post-money in March, intensifying a fierce battle between the ​two for dominance in the rapidly evolving AI sector.

Anthropic’s valuation has more ​than doubled from $380 billion in February, reflecting its swift rise ⁠as a leading competitor in the AI race and intense investor demand ​for stakes in frontier companies.
“Since our series G in February, adoption has continued ​to grow across global enterprise customers, and our run-rate revenue crossed $47 billion earlier this month,” Anthropic said in a blog.
Anthropic’s pursuit of private funding coincides with preparations for a public ​listing, according to investors and bankers familiar with the company.
Both Anthropic and ​OpenAI are planning to tap the public market, possibly as quickly as this year, to ‌acquire ⁠the computational resources necessary to power their services and train new models.

Anthropic has struggled to meet demand in recent months, forcing it to institute usage limits during peak hours and incentivize off-peak use by offering more compute during that ​time.
Its latest round ​was led by ⁠Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital, with Coatue and ICONIQ as co-leads, among others.

Source : https://www.reuters.com/business/anthropic-raises-65-billion-now-valued-965-billion-2026-05-28/

Previous Article
  • Business

‘Breakneck’ Ebola epidemic in Congo outpaces world’s response

  • May 29, 2026
View Post
Next Article
  • Business

Social media companies to pay $27 million to settle Kentucky school district’s lawsuit, records show

  • May 30, 2026
View Post
You May Also Like
View Post
  • Business

At least five killed in Amazon Prime Air cargo plane crash in Miami

  • September 7, 2026
View Post
  • Business
  • Trending

German rocket reaches space as Europe enters satellite launch race

  • September 6, 2026
View Post
  • Business

The Venezuelan billionaire the US investigated for money laundering now has a Pentagon oil deal

  • September 6, 2026
View Post
  • Business

Hedge fund giant Citadel seeking to buy US shale oil production assets, sources say

  • September 5, 2026
View Post
  • Business

China’s Xi seeks to bring large CEO delegation on US visit, sources say

  • September 5, 2026
View Post
  • Business

US military turns off ad trackers on devices amid Middle East targeting reports

  • September 5, 2026
View Post
  • Business

Sydney airport near-miss involved controllers flagged as high-fatigue risk, records show

  • September 4, 2026
View Post
  • Business

Trump’s oil deal with Venezuela raises red flags for some major producers, sources say

  • September 2, 2026

Recent Posts

  • 23 suspected Bangladeshis detained in Chhattisgarh over fake Indian documents
  • Rahul Gandhi can claim PM post if Opposition wins, says CPIM’s MA Baby
  • India-France ties reach new heights, says PM Modi at Paris temple inauguration
  • Day after Saharanpur mosque demolished, well emerges from beneath rubble
  • Chinese banks purchasing Treasuries after wooing dollar deposits, sources say
Categories
  • Auto (45)
  • Business (473)
  • Climate & Earth (16)
  • Coronavirus (18)
  • Crypto (28)
  • Entertainment (884)
  • Happiness Basket (7)
  • India (5,917)
  • Learn | Unlearn | Relearn (163)
  • Lifestyle (326)
  • Politics (98)
  • Research Discoveries (402)
  • Science & Technology (475)
  • Sports (1,003)
  • Trending (1,713)
  • Video (1)
  • World (9,872)
Read Selective

For Feedbacks, Advertisements or Any Other Concerns mail us at info@readselective.com

Pages
  • Home
  • About US
  • Contact Us
  • Privacy Policy
  • Terms of Use
Categories
  • Auto
  • Business
  • Climate & Earth
  • Coronavirus
  • Crypto
  • Entertainment
  • Happiness Basket
  • India
  • Learn | Unlearn | Relearn
  • Lifestyle
  • Politics
  • Research Discoveries
  • Science & Technology
  • Sports
  • Trending
  • Video
  • World
© 2024 Read Selective | Developed by SUGARA Technologies
  • Home
  • About US
  • Contact Us
  • Privacy Policy
  • Terms of Use

Input your search keywords and press Enter.

Go to mobile version