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Anthropic's $900B AI Valuation Amid Political Turmoil

Financial Times Companies •
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Anthropic faced a fierce political backlash when the Trump administration targeted the AI startup after it refused to allow its Claude system for military surveillance and lethal autonomous warfare. President Trump called Anthropic's team "woke . . . leftwing nut jobs," while Defense Secretary Pete Hegseth designated the company a "supply chain risk," effectively banning it from government contracts. CEO Dario Amodei accused the administration of dishonesty and claimed Anthropic was being targeted for its refusal to donate to Trump or praise him.

Despite the political turmoil, Anthropic's growth trajectory has been extraordinary. The company recently announced a $65 billion funding round, pushing its valuation to $900 billion, and filed for an IPO potentially worth more than $1 trillion—surpassing rival OpenAI. Anthropic is now preparing to roll out its new AI model Mythos to 150 companies across 15 countries, specifically targeting critical infrastructure affecting over 100 million people.

Anthropic's leadership is attempting to balance its ethical commitments with aggressive market expansion. The company's governance structure, which requires balancing financial goals with social impact, faces unprecedented scrutiny as it prepares for a public listing. Founder Jack Clark tells recruits that Anthropic "is not a normal company" selling "a superhuman coder that is increasingly self-aware and has nation-state hacking capabilities," highlighting the enormous stakes of their market position.