Anthropic Targets $900B Valuation to Crown AI's Market Leader

Anthropic is raising roughly $50 billion at a projected $900 billion-plus valuation, a milestone that would position it as the AI industry's most valuable company. This funding round, expected to close within two weeks, surpasses OpenAI's recent $852 billion valuation and reflects intense investor competition for stakes in top-tier AI developers. The fundraise marks Anthropic's anticipated final private round before a planned IPO later this year.