San Francisco‑based Anthropic closed a $65 billion financing round that lifts its valuation to $900 billion, overtaking OpenAI’s $730 billion benchmark. The cash came from Green Oaks, Sequoia, Altimeter and Dragoneer, plus chip makers Samsung, Micron and SK Hynix. The fund surge follows Anthropic’s climb since its November code‑generation breakthrough. The round also marks the largest single‑company AI raise this year, underscoring investor confidence in Anthropic’s proprietary safety architecture in the sector.

Anthropic unveiled Claude Opus 4.8, a model that improves vibe‑coding performance by 10 percent on Vals AI’s benchmark and adds strength in mathematics. Hundreds of enterprises have subscribed to its code‑generation service, pushing the company’s revenue run‑rate past $47 billion this month. CFO Krishna Rao said the new capital will sustain demand and expand Claude’s reach. Enterprises claim Claude cuts coding time by one‑third, accelerating product releases.

With over $130 billion raised since its 2021 launch, Anthropic now rivals OpenAI and Elon Musk’s SpaceX in the race to IPO. Strategic chip partners promise the compute power needed for Claude’s scaling, while the firm’s outspoken CEO Dario Amodei pushes for AI regulation. Anthropic’s valuation jump signals that investors prize code‑centric AI as a revenue engine. Analysts expect the valuation to pressure OpenAI’s market positioning.