Krishna Rao
Coverage of Krishna Rao in the Nexus archive.
- Anthropic overtakes OpenAI as the most valuable AI startup
Anthropic raised $65 billion in a Series H funding round, achieving a $965 billion valuation and surpassing OpenAI's $730 billion valuation. The funding, led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital, includes $15 billion in prior hyperscaler commitments, with Amazon contributing $5 billion. Anthropic plans to use the funds for safety research, compute expansion, and scaling its Claude products.
- 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.