AI startup Anthropic has secured $3.5 billion in Series E funding, bringing its total raised to $18.2 billion.
The round, led by Lightspeed Venture Partners, included backing from Bessemer Venture Partners, Cisco Investments, D1 Capital, Fidelity, General Catalyst, Jane Street, Menlo Ventures, and Salesforce Ventures. The investment values Anthropic at $61.5 billion post-money.
Advancing AI with More Compute and Global Expansion
Anthropic will use the new funding to:
- Develop next-generation AI models with improved reasoning and safety.
- Expand compute infrastructure to support AI scaling.
- Deepen research into AI interpretability and alignment.
- Accelerate international expansion, following new offices in Europe.
Growth and Monetization Efforts
Anthropic recently launched Claude 3.7 Sonnet, a hybrid reasoning model designed to improve response accuracy and decision-making. The company has also:
- Grown its annual revenue run rate to over $1 billion.
- Increased revenue by 30% in early 2025 through Claude’s API and subscription services.
- Shifted focus to AI-powered business tools, agents, and mobile applications.
Despite this growth, Anthropic expects to burn $3 billion in 2025, underscoring the high costs of AI model training and infrastructure.
Strengthening Ties with Amazon
Amazon remains a major investor and strategic partner, having invested $4 billion in November 2024. The companies are collaborating on:
- Optimizing Amazon’s Trainium AI chips for model training.
- Powering Amazon Alexa+ with Claude’s AI models.
A Rival to OpenAI with a Safety-First Approach
Anthropic was founded in 2021 by ex-OpenAI executives, including CEO Dario Amodei. The company emphasizes AI safety and interpretability, positioning itself as a responsible alternative to OpenAI.
With $3.5B in fresh capital, Anthropic is pushing to lead AI innovation, offering more advanced and scalable AI systems for businesses and consumers alike.