Anthropic receives multiple preemptive offers to raise around $50 billion at a valuation of $850 billion to $900 billion

Anthropic has received multiple preemptive offers to raise fresh capital of around $50 billion at a valuation in the $850 billion to $900 billion range. The company is expected to make a definitive decision on the round at a board meeting in May.

Anthropic announced this month that its annual revenue run rate has surpassed $30 billion, up from roughly $9 billion at the end of 2025, with the current run rate closer to $40 billion. Much of that revenue is driven by the company's AI coding capabilities through its Claude Code and Cowork platforms.

Anthropic raised its last round at a $380 billion valuation in February. If the company proceeds at the terms described, it will more than double its previous valuation and match or surpass that of OpenAI, which closed a $122 billion round at an $852 billion post-money valuation in February.