Anthropic Hits $380B Valuation, Heightens AI Competition with OpenAI

The AI company's latest funding round cements its position among the world's most valuable startups alongside OpenAI and SpaceX.

Published on Feb. 13, 2026

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Artificial intelligence company Anthropic has announced a $380 billion valuation after raising $30 billion in its latest funding round. This places Anthropic alongside rival OpenAI and Elon Musk's SpaceX as three of the world's most valuable private startups, all of which could potentially go public this year. Anthropic plans to use the new funding to continue building "enterprise-grade products" and AI models like its chatbot Claude.

Why it matters

The rapid growth and competition between leading AI companies like Anthropic, OpenAI, and SpaceX highlights the immense commercial potential of advanced language models and artificial intelligence. As these firms race to develop and commercialize cutting-edge AI technology, it raises questions about regulation, safety, and the broader societal impact of these powerful new tools.

The details

Anthropic's $380 billion valuation comes after it raised $30 billion in its latest funding round, led by Singapore's sovereign wealth fund GIC and U.S. investment firm Coatue. This funding also includes a portion of the $15 billion that Nvidia and Microsoft previously committed to invest in Anthropic. The company plans to use the new capital to continue building enterprise-focused AI products and models. Anthropic was founded in 2021 by former OpenAI employees and has positioned itself as a competitor to OpenAI, the maker of the popular ChatGPT chatbot. Both companies are aiming to develop advanced artificial general intelligence (AGI) technology.

  • Anthropic was founded in 2021.
  • Anthropic released the first version of its chatbot Claude in 2023.
  • OpenAI released ChatGPT in late 2022.

The players

Anthropic

An artificial intelligence company founded in 2021 by former OpenAI employees, Anthropic is now valued at $380 billion after its latest funding round.

OpenAI

A rival AI company to Anthropic, OpenAI is valued at $500 billion and is the maker of the popular ChatGPT chatbot.

SpaceX

Elon Musk's rocket company, which recently merged with his AI startup xAI, is the third most valuable private startup alongside Anthropic and OpenAI.

Krishna Rao

The chief financial officer of Anthropic.

Dario Amodei

The co-founder and CEO of Anthropic, who has promised a focus on the safety of advanced AI technology.

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What they’re saying

“These are the three biggest names that could go public this year.”

— Angelo Bochanis, Associate at Renaissance Capital

“We will use the surge of investments to continue building 'enterprise-grade products' and AI models.”

— Krishna Rao, Chief Financial Officer, Anthropic

“I've promised a clearer focus on the safety of the better-than-human technology called artificial general intelligence that both San Francisco firms aimed to build.”

— Dario Amodei, Co-founder and CEO, Anthropic

What’s next

Whichever company, Anthropic or OpenAI, is first to do an initial public offering will have an opportunity to raise even more money and boost its public image.

The takeaway

The rapid growth and competition between leading AI companies like Anthropic, OpenAI, and SpaceX highlights the immense commercial potential of advanced language models and artificial intelligence, but also raises important questions about regulation, safety, and the broader societal impact of these powerful new technologies.