Anthropic raised $65 billion at a $965 billion valuation
The May 2026 round made it the most valuable AI company, ahead of OpenAI, according to AI Weekly.
Kivorent News desk, published , 1 min read
$965BAnthropic's valuation after the round
This is a look back at an event from . We wrote it on November 11, 2026, from the sources listed at the end.
Anthropic raised $65 billion on May 28, 2026, at a valuation of $965 billion, according to AI Weekly's quarterly recap. That put it ahead of OpenAI as the most valuable AI company.
Why it mattered
OpenAI had been the most valuable company in the field since ChatGPT launched. The change reflected a year in which the lead in AI models moved back and forth, including in coding.
The sum raised matters as much as the valuation. Money on this scale goes mostly to computing capacity. Four months later, Anthropic's IPO filing listed $518 billion in computing commitments and targeted a valuation above $2 trillion.
Private valuations are set by a small number of investors. Whether public markets agree is a separate question, and one the November selloff made harder to answer.
This article is general information. It is not investment advice, and trading involves the risk of losing money.
Sources
- The state of AI, Q2 2026, AI Weekly
Spotted an error? Tell us and we will fix it.