The artificial intelligence startup Anthropic, best known for the chatbot Claude, has reached a valuation of $965 billion, surpassing for the first time its main rival, OpenAi, which stands at $852 billion after the funding round last March.
WHO PARTICIPATED IN ANTHROPIC’S FUNDING: FUNDS, BIG TECH AND MEMORY CHIP MANUFACTURERS
The latest funding round, announced Thursday, allowed Anthropic to raise $65 billion. The operation was led by a series of American investment funds – Sequoia Capital, Altimeter Capital, Dragoneer, and Greenoaks – each contributing over $2 billion. But Amazon, with $5 billion, and Google, with “several billion,” also participated, Bloomberg wrote: the Alphabet group company has committed to investing up to $40 billion in the startup.
Finally, the funding round also included – though the amounts were not disclosed – the three main memory chip manufacturers in the world: SK Hynix, Samsung Electronics, and Micron Technology, in that order. Recently SK Hynix (South Korean) and Micron (American) have reached a market capitalization exceeding $1 trillion thanks to the high demand for memory chips from the artificial intelligence sector.
ANTHROPIC’S PLANS ON REVENUES AND IPO
Although its best-known product is the chatbot Claude, aimed at a general audience, Anthropic is very focused on selling artificial intelligence systems to businesses: the Claude Code agents (for code writing) and Cowork (for automatically performing various “office” tasks), for example, are having great success in the business market, which is particularly profitable.
In this regard, in the second quarter of the year Anthropic is expected to report revenues of $10.9 billion, more than double compared to the previous period. It seems the startup is about to achieve its first profitable quarter and has informed investors that annualized revenues (i.e., the projection of revenues on an annual basis) will exceed $50 billion by the end of next month: in July 2025 they amounted to $4 billion.
Anthropic is also considering an initial public offering, possibly in October. OpenAi has the same goal but is expected to achieve it sooner.
MYTHOS
Besides tools for businesses, Anthropic has also launched an initiative on cybersecurity called Project Glasswing, based on Mythos, a model capable of accurately identifying and exploiting software vulnerabilities. So far, the startup has limited the use of Mythos to a handful of companies – including Amazon Web Services, Microsoft, Apple, Google, and Nvidia – which have agreed to use it exclusively for defensive purposes.
The European Commission would also like access to Mythos to strengthen the cybersecurity defenses of its companies and banks: it is negotiating with Anthropic in this regard, but so far the talks have not produced concrete results, also because approval from the United States government is necessary. American federal agencies are already using Mythos to examine their IT systems, but the White House is slowing down Anthropic’s efforts to extend access to the model to more companies for security reasons.
