Anthropic is on the verge of a $170 billion valuation
Its enterprise-first focus is considered a safer bet compared to more consumer-facing plays.
The pace of investment in AI isn’t slowing; instead, it is accelerating like a rocket. The valuations are climbing higher. And one of the startups that is moving up the valuation ladder is Anthropic.
According to Bloomberg, Anthropic, the AI startup behind the Claude language models, is closing in on a monster deal to raise between $3 billion and $5 billion. The raise would push its valuation to $170 billion, nearly tripling from the $61.5 billion mark it hit just four months ago.
Iconiq Capital is leading the round, with interest from sovereign wealth giants like the Qatar Investment Authority and Singapore’s GIC. A second lead investor may also join.
If finalised, this deal would mark one of the fastest, largest jumps in valuation in tech history alongside the likes of OpenAI and Elon Musk’s xAI. It's a clear signal: geopolitical powerhouses and deep-pocketed VCs are betting hard on Anthropic’s brand of “constitutional AI,” which builds safety and ethics directly into its models.
Emmanuel Oyedeji
But what’s truly fueling the need for this capital is scale. Training frontier models requires staggering computing power. Even with backing from Amazon and Google, both of whom provide cloud infrastructure, Anthropic needs billions to stay competitive. Its rapid revenue growth, reportedly now at a $4 billion annualised run rate, up from $3 billion just months ago, has only intensified investor interest.
This isn’t just about Anthropic. It’s about the shifting centre of gravity in global tech, focusing on AI. VCs are pushing capital into AI faster than any other sector, despite economic turbulence. Recent global funding reports show that about 45% of all startup funding in the first half of 2025 went into AI-related investments
Emmanuel Oyedeji
Competitors like OpenAI, which raised $40 billion in March at a staggering $300 billion valuation, and xAI, which pulled in $10 billion in early July and now sits at a $113 billion valuation (with ambitions to hit $170–200 billion), have also surged to sky-high valuations, riding the same wave of demand and competition.
Anthropic, with its enterprise-first focus, is seen as a safer bet compared to more consumer-facing plays. Its Claude models are being adopted for tasks like data analysis, internal knowledge work, and content generation.
With talks already underway, a $170 billion valuation would cement its status as one of the most powerful players in AI.
Louis Eriakha
