Anthropic (ANTHRO) plans to raise $10B at a valuation of $350B before the new investment, the Wall Street Journal reported, citing people with knowledge of the matter.
GIC, Singapore’s sovereign-wealth fund, and Coatue Management plan to lead the new financing, the report added.
Anthropic did not immediately respond to a request for comment from Seeking Alpha.
The AI startup company, which is backed by Amazon (AMZN) and Alphabet’s (GOOG) (GOOGL) Google, had raised $13B from investors in September. The funding valued the Claude AI chatbot maker at $183B.
The potential current funding would nearly double its valuation from four months ago.
The round is expected to close in the coming weeks. The total amount of the financing could change, the report noted.
The new capital comes in addition to the up to $15B that Nvidia (NVDA) and Microsoft (MSFT) plan to invest in the OpenAI (OPENAI) competitor, the report added.
In November 2025, it was reported that Anthropic raised its growth forecasts by about 13% to 28% over the next three years and expects to generate up to $70B in revenue in 2028, up from around $5B in 2025.
Anthropic is expected to go public this year. Its existing investors include Lightspeed Venture Partners, Fidelity Management & Research and Iconiq Capital, according to the report.
ChatGPT developer OpenAI is also in talks to raise additional capital. The AI giant is looking to raise up to $100B at a valuation of $750B before the new investment, the WSJ had reported.