Anthropic Is Seeking $30 Billion More. The Price Tag Is Now $900 Billion.

Bloomberg reported Tuesday that Anthropic PBC — the San Francisco AI safety company co-founded by siblings Dario Amodei (CEO) and Daniela Amodei (President) — is in early talks to raise at least $30 billion in fresh financing at a post-money valuation of more than $900 billion. The round is expected to close as soon as the end of May 2026. No term sheet has been signed and Anthropic declined to comment.

The figure, if confirmed, would represent a 137% step-up in valuation from the $380 billion post-money figure Anthropic set in February 2026 — itself a record at the time — and would place Anthropic ahead of OpenAI’s $852 billion post-money valuation from that same month. TechCrunch reported multiple preemptive offers as high as $50 billion from unnamed institutional investors, with at least one willing to commit $5 billion alone.

Behind the number: Anthropic disclosed in May 2026 that its annualized revenue run rate has surpassed $30 billion, with one source telling TechCrunch the actual figure is closer to $40 billion. That trajectory — from $1 billion in annualized revenue in late 2024 to $30–40 billion in 18 months — is the justification for a valuation that would make Anthropic, a company founded in 2021, more valuable than Disney, Goldman Sachs, or Lockheed Martin combined.

• $30Bsought in this round (Bloomberg, May 12, 2026)In early talks; no term sheet signed. Anthropic declined to comment. Expected close: end of May 2026.
• $900B+reported pre-money valuation targetWould surpass OpenAI's $852B post-money from February 2026. Reported by Bloomberg and confirmed by CNBC via separate sources.
• $380Bpost-money valuation · Series G · February 12, 2026GIC and Coatue led; co-led by D.E. Shaw Ventures, Dragoneer, Founders Fund, ICONIQ, MGX. Anthropic official announcement.
• $30–40Bannualized revenue run rate · May 2026Anthropic announced surpassing $30B ARR this month. TechCrunch source: actual figure closer to $40B. Up from $1B in late 2024.
• 219×valuation step-up · 36 monthsSeries C in May 2023 valued Anthropic at $4.1B. The reported $900B round is 219× that figure — in three years.

The Bloomberg byline matters. The May 12 report is the closest thing to a definitive account, citing people with direct knowledge of the talks. It is consistent with an April 29 Bloomberg scoop that Anthropic was “considering funding offers” at over $900 billion, and with TechCrunch’s parallel reporting citing a 48-hour allocation window sent to prospective investors on April 30. The convergence of three separate newsrooms — Bloomberg, CNBC, and TechCrunch — on the same valuation range with different sources is the strongest available evidence. It is not a confirmation from Anthropic. It is the best evidence the press has produced before a close.

When Spark Capital led Anthropic’s $450 million Series C in May 2023, the post-money valuation was $4.1 billion. If the reported $900 billion H Round closes on its current terms, Anthropic will have increased in value by 219 times in 36 months. For reference: Amazon took roughly 14 years to reach $900 billion in market capitalization.

Each step in the chain is supported by a primary source — Anthropic official press releases for the Series F ($183B) and Series G ($380B) and GIC’s own newsroom confirming it led the Series G. The H Round figure ($900B+) rests on anonymous-source reporting and is not yet confirmed. The earlier rounds are not in dispute.

“If I'm just off by a year in that rate of growth, or if the growth rate is 5x a year instead of 10x a year, then you go bankrupt.”

Dario Amodei, CEO, Anthropic — Fortune, February 14, 2026

No lead investor has been publicly named for the new round. What is known from confirmed prior rounds:

For the H Round, TechCrunch reported that early investors from 2024 are sitting out, waiting for the IPO. That creates space for new institutional money. One TechCrunch source described an investor willing to commit $5 billion alone. The round, if it closes at $30 billion, would be the same dollar size as the February Series G but at a 137% higher price per share.

Anthropic’s growth story is inseparable from its compute story. The two are the same bet.

Dario Amodei’s public position on capex is notable: he has consistently argued for measured spending, warning that a company that over-commits to compute and then misses its revenue forecast by even a year faces insolvency. “There’s no force on Earth, there’s no hedge on Earth that could stop me from going bankrupt if I buy that much compute,” he told Fortune in February 2026. The $900 billion round is, in part, a hedge against having to make that call with insufficient capital.

As of May 2026, three frontier AI labs — Anthropic, OpenAI, and xAI — account for the overwhelming majority of private-market AI valuation and late-stage funding. The concentration is structural: frontier model training costs hundreds of millions of dollars per run, and the compute agreements needed to sustain a training cadence run into the tens of billions. The economics favor labs that can already attract sovereign wealth funds, hyperscalers, and major institutional investors.

“Anthropic has always had a fraction of what our competitors have had in terms of compute and capital, and yet, pretty consistently, we've had the most powerful, most performant models for the majority of the past several years.”

Daniela Amodei, President, Anthropic — CNBC, January 3, 2026

The reported $900 billion round is being negotiated three months after President Trump ordered every federal agency to “immediately cease” using Anthropic’s technology over a refusal to grant the Pentagon unrestricted access to Claude. The dispute escalated in February 2026 and was followed in March by a federal judge temporarily blocking the ban; by April, Trump told CNBC a deal with the Department of Defense was “possible.” Investors appear to have priced through the political friction.

Editor’s note: Anthropic’s funding round itself has not generated material Truth Social coverage as of publication. The Pentagon standoff post above is included as the verified political context that surrounds the company while it negotiates the $900 billion mark. We will not fabricate posts that do not exist.