Anthropic is considering raising $50 billion in the summer, with a pre-investment valuation of about $900 billion.

According to the Financial Times, on May 8, the developer of Claude, Anthropic, is considering launching a new round of funding this summer. It plans to raise about $50 billion, with a pre-money valuation of about $900 billion, and a post-money valuation that would approach $1 trillion; the Financial Times, citing five insiders, said that the financing talks are still in an early stage, and Anthropic has not yet accepted any offers. The financing is expected to be completed within two months.

Financing plan details and investor roster

Citing insiders, the Financial Times said the core terms of this round are as follows: a pre-money valuation of about $900 billion and a planned fundraise size of about $50 billion. Potential investors that have already expressed interest include Dragoneer Investment Group, General Catalyst, and Lightspeed Venture Partners.

As a reference, the most recently confirmed fundraising valuation for Anthropic is $38 billion. This was confirmed by TechCrunch in February 2026 as a $30 billion funding round, more than doubling the valuation from the previous round. In the same period, OpenAI completed a record $122 billion funding round in March 2026, with a post-money valuation of $852 billion. If Anthropic completes this round at a $900 billion pre-money valuation, its valuation would surpass OpenAI’s post-money valuation.

Annualized revenue figures: from $9 billion to nearly $45 billion

Citing insiders, the Financial Times said Anthropic’s annualized revenue (estimated based on data from the past several weeks) is set to surpass $45 billion, up fivefold from the $9 billion at the end of 2025. The Financial Times noted that sustained rapid revenue growth is a key driver behind institutional interest from firms such as Dragoneer, General Catalyst, and Lightspeed Venture Partners.

Infrastructure deployment: Google Cloud procurement agreement and cooperation with SpaceX

Reuters reported that Anthropic has recently pledged that over the next five years, it will procure chips and cloud services from Google Cloud totaling as much as $200 billion to support the compute needs of its Claude AI product. In addition, Anthropic has formed a strategic alliance with SpaceX and has been authorized to use SpaceX’s Colossus 1 AI supercomputer to meet the growing compute demand of its enterprise solutions.

Frequently asked questions

What are the core terms of the Financial Times’ report on Anthropic’s summer funding plan?

According to the Financial Times’ May 8, 2026 report citing five insiders, the financing terms Anthropic is considering include: a pre-money valuation of about $900 billion, a planned fundraise of about $50 billion, and an expected completion within two months. The talks are still in an early stage, and Anthropic has not accepted any offers.

What are the valuation and size of Anthropic’s most recently confirmed funding?

According to TechCrunch’s February 2026 report, Anthropic completed a $30 billion funding round, confirming a valuation of $380B, more than doubling the valuation from the prior round. If the potential financing this time is calculated at a $900 billion pre-money valuation, it would be more than twice its valuation from six months earlier.

What are Anthropic’s annualized revenue growth figures and sources?

Citing insiders, the Financial Times said Anthropic’s annualized revenue is set to surpass $45 billion, up fivefold from the $9 billion at the end of 2025. The growth figures are estimated based on actual revenue data from the past several weeks.