Anthropic Surpasses OpenAI in Valuation at $965B

Anthropic raised $65B in a Series H round led by Altimeter, Sequoia, Dragoneer, and Greenoaks, reaching a $965B post-money valuation vs. OpenAI's $730B. Annualized revenue crossed $47B. For engineers: this signals continued heavy investment in Claude model improvements, safety research, and enterprise infrastructure — Anthropic is now the better-capitalized lab, which has real implications for model quality and API reliability going forward.

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Sources: CNBC · Axios · Hacker News thread