How Anthropic Overtook OpenAI with US$965bn Valuation Anthropic has secured a US$65bn Series H funding round, boosting its valuation to US$965bn and surpassing OpenAI’s valuation of US$852bn. This funding will support increased AI adoption, scaling of products and compute, and safety research, with plans to use the capital to expand compute capacity through partnerships with Amazon, Google, Broadcom, and SpaceX. Both Anthropic and OpenAI are preparing for IPOs in 2026, but Anthropic projects US$17bn in profitability by 2028, largely due to its enterprise-focused revenue model, while OpenAI faces substantial losses.

• Anthropic’s Series H funding round of US$65bn has valued the company at US$965bn, surpassing OpenAI’s valuation of US$852bn.
• The funding aims to address increasing AI adoption, scale partnerships and compute, and enhance safety research.
• Anthropic has expanded compute capacity through agreements with Amazon, Google, Broadcom, and SpaceX.
• Both Anthropic and OpenAI are planning for IPOs in 2026.
• Anthropic projects profitability in 2028, driven by enterprise customers, while OpenAI anticipates significant losses.
• Anthropic is the first frontier AI model available on AWS, Google Cloud, and Microsoft Azure simultaneously. Continue reading https://aimagazine.com/news/anthropic-beats-openai-to-become-biggest-pureplay-ai-company