Anthropic overtakes OpenAI with record $900 billion valuation

Anthropic has officially overtaken OpenAI as the world's most valuable artificial intelligence company. The San Francisco-based firm announced a $65 billion fundraising round that values it at $900 billion well ahead of OpenAI's most recent valuation of $730 billion in what represents one of the fastest valuation climbs in technology history.

Just three months ago, Anthropic was valued at $380 billion. The new round, led by Greenoaks Capital, Sequoia Capital, Altimeter Capital, and Dragoneer Investment Group, nearly tripled that figure.

Anthropic's revenue run rate crossed $47 billion this month a figure that signals enterprise adoption has accelerated dramatically since the company overhauled its AI coding capabilities in November.

In addition to making the funding announcements, Anthropic introduced the Claude Opus 4.8 model, which is reported to be much better at producing computer code compared to its predecessors. 

The model is exceptionally good at vibecoding the AI-written code process through natural language commands, making software development simpler for users who have no technical background.

While companies compete to create efficient and reliable systems for automating the software development process, the company that comes up with a more competent product will be able to claim the largest portion of the enterprise market.

Anthropic has recently faced controversy concerning the use of AI in warfare, launched the Mythos model for detecting latent software vulnerabilities, and even gave advice to Pope Leo XIV when preparing his papal encyclical on the subject of AI disrupting human life.

Chief Financial Officer Krishna Rao framed the investment simply saying that "This funding will help us serve the historic demand we are experiencing, stay at the research frontier and bring Claude to more of the places where work happens."