Anthropic seeks at least $30 billion at a pre-money valuation exceeding $900 billion, with potential IPO as early as October

Anthropic PBC is seeking to raise at least $30 billion in a new financing round at a pre-money valuation exceeding $900 billion, with discussions centered on a potential close by the end of this month, though no formal term sheets have been signed.

The San Francisco-based company, developer of the Claude chatbot, is exploring a potential initial public offering as early as October. Previous commitments include $10 billion from Google at a $350 billion valuation, with Alphabet Inc. able to provide an additional $30 billion if specific technical or internal goals are met, and $5 billion from Amazon.com Inc. at the same $350 billion valuation, with plans for another $20 billion over an unspecified period.

Anthropic was launched in 2021 by former OpenAI employees and has since pivoted toward enterprise solutions that automate complex workflows in cybersecurity and software development.