Anthropic, the AI startup with backing from Elon Musk, has now surpassed OpenAI in valuation. The company is nearing a $1 trillion valuation after raising a $65 billion Series A round led by investors including Musk himself.
The record-breaking Series A
The $65 billion round is one of the largest ever for a private company. Musk led the investment, cementing his role as a key backer of Anthropic. The startup has not disclosed how it plans to use the funds, but the sheer size of the raise signals aggressive ambitions in the AI space.
Why valuation matters
Anthropic's valuation now tops that of OpenAI, a company that had been widely seen as the leader in artificial intelligence. The exact figures haven't been made public, but sources close to the matter say Anthropic's valuation is approaching the trillion-dollar mark. That puts it in rare company — only a handful of private firms have ever reached that level.
Elon Musk's growing AI footprint
Musk has been a vocal presence in AI development for years. His involvement with Anthropic adds another layer to his influence. While he also co-founded OpenAI, he later left and has been critical of its direction. Backing Anthropic gives him a direct stake in a competitor that is now outrunning his former company on paper.
What happens next is unclear. Anthropic has not announced an IPO or any specific product launch tied to the funding. But with a $65 billion war chest and a valuation that rivals the biggest names in tech, the startup has plenty of room to maneuver.
