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The Nexus
BUSINESSMay 28 · 01:04 UTCNBC BAY AREAMatt O'brien | The Associated Press

Anthropic vaults to a $965 billion valuation with new funding as Claude demand surges

Anthropic raised $65 billion in private funding, pushing its valuation to $965 billion and surpassing OpenAI in market value and revenue. The company reported $47 billion in annualized revenue and launched a new AI model, Claude Opus 4.8, while facing legal challenges with the Trump administration over AI use in warfare.

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