Anthropic Hits $380B Valuation, Intensifying AI Race with OpenAI

The AI company's latest funding round solidifies 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. The investment, led by Singapore's sovereign wealth fund GIC and U.S. firm Coatue, further cements Anthropic's status as one of the world's most valuable private companies alongside OpenAI and Elon Musk's SpaceX. Anthropic plans to use the funds to continue building enterprise-grade AI products and models, intensifying the competition with OpenAI and its ChatGPT technology.

Why it matters

The rapid growth and soaring valuations of Anthropic, OpenAI, and SpaceX highlight the intense investor interest and commercial potential in the field of artificial intelligence. As these AI giants race to develop and commercialize advanced language models and other AI capabilities, their competition could have significant implications for the future of the technology and its societal impact.

The details

Anthropic, founded by former OpenAI employees in 2021, has now raised a total of $30 billion in funding, including a $15 billion investment from Nvidia and Microsoft. The company plans to use the funds to expand its enterprise-focused AI products, such as its chatbot Claude, which is designed to assist with tasks like software engineering. Anthropic's valuation of $380 billion places it behind only OpenAI, valued at $500 billion, and SpaceX, which recently merged with Musk's AI startup xAI.

  • Anthropic was founded in 2021 by former OpenAI employees.
  • Anthropic released the first version of its chatbot Claude in 2023.
  • Anthropic announced its $380 billion valuation and $30 billion funding round on February 13, 2026.

The players

Anthropic

An artificial intelligence company founded in 2021 by former OpenAI employees, known for its chatbot Claude and enterprise-focused AI products.

OpenAI

An AI research company that developed the popular ChatGPT language model, currently valued at $500 billion.

SpaceX

A rocket company founded by Elon Musk, which recently merged with Musk's AI startup xAI, maker of the chatbot Grok.

GIC

Singapore's sovereign wealth fund, which led Anthropic's latest $30 billion funding round.

Coatue

A U.S.-based investment firm that participated in Anthropic's $30 billion funding round.

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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

What’s next

Anthropic and its AI rivals, OpenAI and SpaceX, are expected to be closely watched by investors as potential candidates for initial public offerings in the coming year.

The takeaway

The rapid growth and soaring valuations of Anthropic, OpenAI, and SpaceX underscore the intense investor interest and commercial potential in the field of artificial intelligence. As these AI giants race to develop and commercialize advanced language models and other AI capabilities, their competition could have significant implications for the future of the technology and its societal impact.