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Anthropic reportedly nears $170B valuation with potential $5B round

AI News - TechCrunch
Jul 29, 2025 18:59
Marina Temkin
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aistartupstechnology

Summary

Anthropic is reportedly close to raising $5 billion in a new funding round led by Iconiq Capital, which would value the AI company at nearly $170 billion. This significant valuation highlights the intense investor interest and escalating competition in the AI sector, signaling continued rapid growth and high expectations for foundational AI model developers.

The new round is being led by Iconiq Capital, with the possibility of a co-lead investor joining.
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