AI competitors Anthropic, maker of Claude, and OpenAI, maker of ChatGPT, are in close contention as they near a public debut—and a $1 trillion valuation. Anthropic is nearing a $1 trillion valuation,

There's a new leader in the AI industry. Anthropic announced on Thursday that it had raised $65 billion in funding from investors led by Altimeter Capital, Greenoaks, Dragoneer, and Sequoia Capital. This fundraising round puts Anthropic's valuation at nearly one trillion dollars,

Anthropic’s rise to become Silicon Valley’s most valuable artificial intelligence company marks a dramatic turning point in the AI race and signals a broader shift in how investors are beginning to evaluate the future of the industry.

Anthropic PBC raised $65 billion in a funding round that valued the artificial intelligence company at $965 billion including the new investment, eclipsing rival OpenAI’s value for the first time.

The company’s latest $65 billion fundraising round was led by Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital.

Anthropic said on Thursday it has raised $65 billion at a post-money valuation of $965 billion, as it aims to ​bolster computing capacity to meet growing demand for chatbot Claude and ‌scale its products.