VCs like to go after the hottest startups, but startups aren't always interested in selling more shares. The same goes for Anthropic, sources told Bloomberg.
Venture capital firms have offered upfront funding rounds to OpenAI's competitors that would value the company at more than $800 billion, roughly matching or exceeding its competitors. OpenAI closed a record $110 billion round in February, giving it a post-money valuation of $852 billion. Just a few weeks ago, Anthropic announced a $30 billion round at a valuation of $380 billion (which would have been a record-breaker in another era).
But so far, Anthropic has no interest in the VC's latest offer, Bloomberg reports. Of course, this can change. Anthropic has its own significant capital expenditures to consider, even if it doesn't sign up as aggressively as OpenAI.
For example, cloud makers have spent $50 billion in recent months building their own data centers, $30 billion in Microsoft's cloud, and billions of dollars a year on AWS. At some point, the company may need capital, which could more than double its previous valuation, especially if it comes on good terms.
Still, investors have noted Anthropic's growing revenue (reportedly rising from $9 billion at the end of 2025 to $30 billion by the end of March) and are saying, “It's worth it.” Investors are hungry for anthropic stocks, and demand on the secondary market is almost insatiable. So a small nod from Anthropic CEO Dario Amodei could help his company secure funding to leapfrog rivals' valuations.
Anthropic declined to comment to Bloomberg and did not immediately respond to requests for comment.
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