Anthropic Reaches Record Valuation of $965 Billion

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Key Takeaways

1Anthropic raised $65 billion on May 28, 2026, bringing its valuation to $965 billion.

2A speculative secondary market temporarily valued Anthropic at $1.4 trillion.

3An IPO is planned for October 2026, alongside SpaceX and OpenAI.

💡Why it matters — Anthropic's valuation reflects the rapid rise of AI in the global economy, competing with the largest publicly traded companies.

A Historic Fundraising

On May 28, 2026, Anthropic, the company behind the AI Claude, announced a fundraising of $65 billion during its Series H. This major financial operation is aimed at supporting the development of its infrastructure. With this capital injection, the company reached a private valuation of $965 billion. This valuation theoretically places Anthropic 16th in the world among companies, if it were publicly traded, a remarkable feat for a company that has not yet entered the public market.

An Unprecedented Financial Trajectory

Since its founding in 2021, Anthropic has experienced explosive growth. In 2023, its valuation was $4.1 billion. A year later, in 2024, it had already climbed to $18.5 billion. By March 2025, this valuation reached $61.5 billion, then $183 billion in September of the same year. In November 2025, it stood at $350 billion, and by February 2026, it was $380 billion. This rapid and impressive progression culminated in May 2026 with a valuation of $965 billion, allowing Anthropic to surpass OpenAI in the private market.

Speculation in the Secondary Market

The official valuation of $965 billion does not capture all the financial excitement surrounding Anthropic. Before this massive fundraising, a speculative secondary market had developed, allowing investors to trade shares through special purpose vehicles (SPVs) and tokenized stocks on the blockchain. This speculative bubble saw Anthropic's unofficial valuation reach heights exceeding $1.4 trillion. If the company were to go public with this valuation, it would place just behind Samsung and closely follow SK hynix.

The IPO as a Crash Test

Anthropic is preparing for an initial public offering (IPO) scheduled for October 2026, alongside SpaceX and OpenAI. These companies aim for a combined valuation nearing $3.6 trillion. However, the legitimacy of this valuation is in question. The financial history of tech shows that companies like Facebook and Uber experienced chaotic debuts on the stock market, despite high initial valuations. This IPO will therefore be a crucial test for Anthropic, which will need to prove that its valuation is justified in the public market.

AI at the Pinnacle of the Global Economy

Today, among the 20 largest market capitalizations, 14 companies are heavily supported by artificial intelligence. Here are some key players: Nvidia, TSMC, Broadcom, ASML, and AMD for hardware infrastructure; Microsoft, Google, and Amazon for cloud giants; and Apple and Meta for consumer AI. Anthropic's valuation of $965 billion takes on a whole new dimension in this context, highlighting the growing importance of AI in the global economy. This position reinforces the idea that artificial intelligence has become a major economic driver, radically transforming the business landscape on a global scale.