Generative AI firm Anthropic has raised $30 billion in Series G funding, valuing the company at $380bn post-money.

The round was led by GIC and Coatue, as well as D. E. Shaw Ventures, Dragoneer, Founders Fund, ICONIQ, and MGX.

Other investors include Accel, Addition, Alpha Wave Global, Altimeter, AMP PBC, Appaloosa LP, Baillie Gifford, Bessemer Venture Partners, affiliated funds of BlackRock, Blackstone, D1 Capital Partners, Fidelity Management & Research Company, General Catalyst, Greenoaks, Growth Equity at Goldman Sachs Alternatives, Insight Partners, Jane Street, JPMorganChase through its Security and Resiliency Initiative and Growth Equity Partners, Lightspeed Venture Partners, Menlo Ventures, Morgan Stanley Investment Management, NX1 Capital, Qatar Investment Authority (QIA), Sands Capital, Sequoia Capital, Temasek, TowerBrook, TPG, Whale Rock Capital, and XN.

Microsoft and Nvidia also invested a portion of a previously promised $15bn investment.

“Whether it is entrepreneurs, startups, or the world’s largest enterprises, the message from our customers is the same: Claude is increasingly becoming critical to how businesses work,” said Krishna Rao, Anthropic’s CFO.

“This fundraising reflects the incredible demand we are seeing from these customers, and we will use this investment to continue building the enterprise-grade products and models they have come to depend on.”

The company said that its run-rate revenue (RRR) has reached $14 billion, with the number growing more than ten times every year over the past three years.

RRR takes current revenue in a certain period (undisclosed in this case), and extrapolates a full-year equivalent. Annual recurring revenue (ARR) similarly tries to predict full-year revenue, but instead only looks at customer subscriptions normalized over 12 months, so it does not include other potential revenue streams.

Rival OpenAI said that its ARR was more than $20bn in 2025, and said it had tripled every year.

Anthropic said last year that it plans to spend $50 billion on data centers in the US. It said that it will build data centers with Fluidstack in Texas and New York, with more sites to come.