Anthropic Seeks $900 Billion Valuation, Overtaking OpenAI

Anthropic is raising roughly $50 billion at a $900 billion valuation, surpassing OpenAI's $852 billion from March and claiming the top private AI company rank. Investors have 48 hours to submit allocations, with closing expected within two weeks. The move reflects Anthropic's $30 billion annualized revenue, driven largely by Claude Code's enterprise traction in software development.