Anthropic negotiates funding at a valuation of more than $900 billion, with the board to make a decision as early as May

According to a report by Bloomberg on April 29, the AI company Anthropic is seriously evaluating a new round of fundraising, with a potential valuation of more than $900 billion; Anthropic’s valuation in February this year was about $380 billion. Bloomberg’s report cites people familiar with the matter as saying that Anthropic’s board could make a decision as early as May 2026.

Overview of the funding round and valuation background

According to Bloomberg, Anthropic previously declined several fundraising offers with valuations of $800 billion or more; returning to the negotiating table, Bloomberg cites people familiar with the matter, with the backdrop being accelerating demand for computing power and rapid expansion of revenue.

According to Bloomberg, the valuation of OpenAI’s funding round completed in March this year was $852 billion; if Anthropic’s funding in this round is completed at a valuation of more than $900 billion, its valuation would surpass OpenAI, becoming the highest-valued AI startup globally.

Google and Amazon’s existing commitments and participation in this round

According to Bloomberg, Anthropic’s current two major strategic investors have made the following commitments:

Google (Alphabet): committed to invest up to $40 billion in Anthropic (including additional amounts subject to performance conditions), with the initial investment calculated at a $350 billion valuation

Amazon: based on a $350 billion valuation, committed to invest a final $25 billion, with funds to be injected in batches

Together, the two commitments exceed $65 billion. According to Bloomberg, it is currently unclear whether Google and Amazon will participate in this new round of fundraising.

Anthropic revenue scale and business development

According to Bloomberg, Anthropic reported annualized recurring revenue (ARR) of $30 billion in April 2026, meaning the company’s monthly revenue is about $2.5 billion; Bloomberg also pointed out that OpenAI has publicly accused this figure of being inflated.

According to Bloomberg, the main driver behind Anthropic’s revenue growth is Claude Code, which has become a key engine for user growth in the AI programming application space. Bloomberg also reported that Anthropic is reportedly considering launching its first initial public offering (IPO) as early as October 2026.

Common questions

When was Bloomberg’s report about Anthropic’s new fundraising released? What is the potential valuation?

According to Bloomberg’s report on April 29, 2026, Anthropic is evaluating a new round of fundraising with a valuation above $900 billion, and the board could make a decision as early as May 2026.

What was Anthropic’s valuation in February this year? How much has the valuation increased for this round of fundraising?

According to Bloomberg, Anthropic’s valuation in February this year was about $380 billion; if this round of fundraising is completed at a valuation of more than $900 billion, the valuation would increase by about 2.6 times within roughly two months.

What are Google and Amazon’s commitment amounts to Anthropic, and will they participate in this round of fundraising?

According to Bloomberg, Google committed up to $40 billion, Amazon committed a final $25 billion, and the two together committed more than $65 billion; whether they will participate in this new round of fundraising is currently unclear.