Source: Anthropic could raise new $50 billion round at $900 billion valuation

Investor interest in Anthropic is at its peak.

The maker of the AI ​​assistant Claude has received multiple preemptive offers to raise about $50 billion in new capital at valuations ranging from $850 billion to $900 billion, according to six sources familiar with the matter. Bloomberg and Business Insider reported earlier this month that Anthropic had received multiple preferred bids at a valuation of $800 billion, but at the time the company had not yet committed to raising capital.

But sources say Anthropic is finding it difficult to resist pressure to secure more funding for the project, which could be its last private financing round before a potential IPO. The company plans to make a final decision on the round and its valuation at a board meeting in May, a person familiar with the matter told TechCrunch.

The round is expected to total between $40 billion and $50 billion, according to people familiar with the company. But given the company’s rapid growth shows no signs of slowing down, investor demand appears to be growing even more. Investors are eager to participate in the round. An institutional investor preparing to invest up to $5 billion has not yet secured a meeting with Anthropic CFO Krishna Rao, a person familiar with the matter said.

Anthropic announced this month that its annual revenue run rate exceeded $30 billion. This is a dramatic increase from around $9 billion at the end of 2025. The company’s run rate is now approaching $40 billion, according to one person familiar with the company’s finances.

Antropic declined to comment.

The majority of its revenue comes through Anthropic’s AI coding capabilities, specifically its Claude Code and Cowork platforms. Many investors believe the company has only scratched the surface of its potential, even though it has a huge opportunity to expand its services into new industries such as finance, life sciences and healthcare.

Anthropic raised its final round in February at a valuation of $380 billion. If the company were to raise more funding on the terms described by TechCrunch’s sources, it would not only more than double its valuation, but also match or exceed its biggest rival. Also in February, OpenAI closed a record $122 billion round at a post-money valuation of $852 billion.