AI competitors Anthropic, maker of Claude, and OpenAI, maker of ChatGPT, are in close contention as they near a public debut—and a $1 trillion valuation. Anthropic is nearing a $1 trillion valuation,

As Claude adoption accelerates and growth momentum builds, the tech giant continues to inch closer to a $1-trillion valuation.

In a blog post on Thursday, Anthropic wrote that it “has raised $65 billion in Series H funding led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital, valuing the company at $965 billion post-money.

Artificial intelligence company Anthropic said Thursday it had raised $65 billion in a new funding round that values the Claude maker at $965 billion.

Anthropic’s rise to become Silicon Valley’s most valuable artificial intelligence company marks a dramatic turning point in the AI race and signals a broader shift in how investors are beginning to evaluate the future of the industry.

There's a new leader in the AI industry. Anthropic announced on Thursday that it had raised $65 billion in funding from investors led by Altimeter Capital, Greenoaks, Dragoneer, and Sequoia Capital. This fundraising round puts Anthropic's valuation at nearly one trillion dollars,