---
title: "Anthropic could raise a new $50B round at $900B valuation"
url: https://stacklist.com/card/87201ab3-47f6-4640-b79c-184d5e928f03
source_url: "https://techcrunch.com/2026/04/29/sources-anthropic-could-raise-a-new-50b-round-at-a-valuation-of-900b/"
stack: https://stacklist.com/c/finance/stack/848b27f4-bed8-4734-b1d6-d0adbc0f05b5
summary: "Anthropic is raising approximately $50 billion at a $850-900 billion valuation, more than doubling its previous $380 billion valuation from February. The AI assistant maker's rapid revenue growth to $40 billion annual run rate has attracted intense investor demand ahead of an expected board decision in May."
tags: "anthropic, fundraising, ai-valuation, venture-capital, claude, startup-funding, ipo"
key_entities: "Anthropic (organization), Claude (technology), Krishna Rao (person), OpenAI (organization), Claude Code (technology), Cowork (technology), San Francisco (location), TechCrunch Disrupt 2026 (event), IPO (concept)"
classification: "analysis"
content_hash: "sha256:00c650e11940b7ac16b7a38dd1092b9b9bbeb36d266981a00c90bd3528b245a9"
acp_version: "0.2"
token_counts_approximate: 1239
visibility: public
agent_accessible: true
status: "final"
---

# Anthropic could raise a new $50B round at $900B valuation

Investor interest in Anthropic has reached a feverish pitch. The maker of the Claude AI assistant has received multiple preemptive offers to raise fresh capital of around $50 billion at a valuation in the $850 billion to $900 billion range, according to half a dozen sources familiar with the matter. Bloomberg and Business Insider reported earlier this month that Anthropic received multiple preemptive bids at an $800 billion valuation, but at that time, the company had not yet committed to a fundraise. Sources say, however, that Anthropic is finding it difficult to resist the pressure to secure more funding in what could be its final round of private fundraising before a potential IPO. The company is expected to make a definitive decision on the round and its valuation at a board meeting in May, one person told TechCrunch. The round is expected to total $40 billion to $50 billion, according to people familiar with the company. But investor demand appears to be much higher given the company’s rapid growth, which shows no sign of slowing. Investors are clamoring to get into the round. One institutional investor prepared to commit as much as $5 billion has yet to secure a meeting with Anthropic CFO Krishna Rao, according to a source. Anthropic announced this month that its annual revenue run rate has surpassed $30 billion, which is a dramatic increase from roughly $9 billion at the end of 2025. The company’s run rate is currently closer to $40 billion, one of the people with knowledge of the company’s financials said. Anthropic declined to comment. A large portion of that 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 massive opportunity to expand its offerings into new industries, including finance, life sciences, and healthcare. Techcrunch event This Week Only: Buy one pass, get the second at 50% off Your next round. Your next hire. Your next breakout opportunity. Find it at TechCrunch Disrupt 2026, where 10,000+ founders, investors, and tech leaders gather for three days of 250+ tactical sessions, powerful introductions, and market-defining innovation. Register before May 8 to bring a +1 at half the cost. This Week Only: Buy one pass, get the second at 50% off Your next round. Your next hire. Your next breakout opportunity. Find it at TechCrunch Disrupt 2026, where 10,000+ founders, investors, and tech leaders gather for three days of 250+ tactical sessions, powerful introductions, and market-defining innovation. Register before May 8 to bring a +1 at half the cost. San Francisco, CA | October 13-15, 2026 REGISTER NOW Anthropic raised its last round at a $380 billion valuation in February. If the company proceeds with another fundraise at the terms described by TechCrunch’s sources, it will not only more than double its valuation but also match or surpass that of its chief rival. Also in February, OpenAI closed a record-breaking $122 billion round at an $852 billion post-money valuation. Topics AI , Anthropic , Fundraise , Venture When you purchase through links in our articles, we may earn a small commission . This doesn’t affect our editorial independence. Marina Temkin Reporter, Venture Marina Temkin is a venture capital and startups reporter at TechCrunch. Prior to joining TechCrunch, she wrote about VC for PitchBook and Venture Capital Journal. Earlier in her career, Marina was a financial analyst and earned a CFA charterholder designation. You can contact or verify outreach from Marina by emailing marina.temkin@techcrunch.com or via encrypted message at +1 347-683-3909 on Signal. View Bio Jagmeet Singh Reporter Jagmeet covers startups, tech policy-related updates, and all other major tech-centric developments from India for TechCrunch. He previously worked as a principal correspondent at NDTV. You can contact or verify outreach from Jagmeet by emailing mail@journalistjagmeet.com . View Bio May 27 Athens, Greece StrictlyVC Athens is up next. Hear unfiltered insights straight from Europe’s tech leaders and connect with the people shaping what’s ahead. Lock in your spot before it’s gone. REGISTER NOW Most Popular As workers worry about AI, Nvidia’s Jensen Huang says AI is ‘creating an enormous number of jobs’ Lucas Ropek Anthropic and OpenAI are both launching joint ventures for enterprise AI services Russell Brandom Ouster’s new color lidar is coming to replace cameras Sean O'Kane We’ll take it: A TikToker rallies pledges to buy Spirit Airlines after its abrupt weekend collapse Connie Loizos This tiny, magnetic e-reader could stop you from doomscrolling Amanda Silberling Uber wants to turn its millions of drivers into a sensor grid for self-driving companies Connie Loizos Elon Musk testifies that xAI trained Grok on OpenAI models Tim Fernholz