Sources: Anthropic potential $900B+ valuation round could happen within 2 weeks

Anthropic is reportedly in talks for a massive new funding round that could value the AI startup at over $900 billion, potentially surpassing the valuation of its chief rival, OpenAI. The round, expected to be roughly $50 billion, is being positioned as likely the company's last private raise before a highly anticipated IPO later this year. The intense investor demand highlights the soaring appetite for frontier AI labs as they race to secure the capital needed for massive computing infrastructure.

The startup, known for its Claude models and its specialized 'Mythos' security tool, has seen its revenue run rate surge to nearly $40 billion annually. While some early backers are choosing to wait for the IPO to cash out, the sheer scale of the current round suggests that Anthropic is successfully positioning itself as a dominant force in the global AI landscape. If finalized at the $900 billion mark, it would represent a more than doubling of the company's valuation since just February, marking one of the fastest wealth-creation events in Silicon Valley history.