Anthropic potential $900B+ valuation round could happen within 2 weeks (techcrunch.com)

Anthropic is poised to close a significant fundraising round, aiming for a valuation of approximately $900 billion, which could potentially increase given strong investor interest. The company has requested that investors submit their allocations within the next 48 hours, with the round to conclude within two weeks. This fundraising is critical as it is likely Anthropic's last private round before going public, aiming to secure essential funds to support its expansive computing requirements. The significance of this development lies in the fact that if Anthropic achieves its ambitious valuation, it would not only more than double its last round valuation of $380 billion but also surpass its main competitor, OpenAI, which recently closed a funding round at an $852 billion valuation. Amidst this frenzy, some early investors are opting out of this round to potentially profit during Anthropic's anticipated IPO later this year. Notably, Anthropic’s annual revenue run rate has reportedly surged from over $30 billion to approximately $40 billion, underscoring the growing momentum and demand for its AI technologies in an increasingly competitive landscape.