Why Anthropic matters
Anthropic raised a $65 billion Series H at a $965 billion post-money valuation on May 28, 2026, led by Altimeter, Dragoneer, Greenoaks, and Sequoia. The company said its run-rate revenue crossed $47 billion earlier that month, driven by enterprise API use and Claude Code. TechCrunch reported the round is likely its last private raise before an IPO.
The numberRun-rate revenue crossed $47 billion in May 2026 alongside a $65B Series H at a $965B valuation (May 28, 2026)
On The Agentic 80
Listed under Frontier labs and platforms. The model makers whose agent products set the pace for everyone else.
On The All Things AI 100
Listed under Frontier labs. The companies training the largest models.
Quick answers
- What does Anthropic do?
- Develops the Claude model family, the Claude Code coding agent, and APIs for building AI agents. Anthropic raised a $65 billion Series H at a $965 billion post-money valuation on May 28, 2026, led by Altimeter, Dragoneer, Greenoaks, and Sequoia.
- What AI capabilities does Anthropic offer?
- Anthropic provides Claude, a family of AI models available in Claude chat products and through an API. Business users apply Claude to writing, research, analysis, and customer workflows. Claude Code is a coding agent that inspects repositories, proposes edits, and runs terminal commands. The API supports tool use, structured outputs, and document processing so teams can build agents and internal applications.
- Why is Anthropic on The Agentic 80?
- Anthropic is listed under Frontier labs and platforms. The model makers whose agent products set the pace for everyone else. Run-rate revenue crossed $47 billion in May 2026 alongside a $65B Series H at a $965B valuation (May 28, 2026).
- Why is Anthropic on The All Things AI 100?
- Anthropic is listed under Frontier labs. The companies training the largest models. Run-rate revenue crossed $47 billion in May 2026 alongside a $65B Series H at a $965B valuation (May 28, 2026).
- Where is Anthropic based, and who owns it?
- Anthropic is based in San Francisco, CA, was founded in 2021 and is private, Series H.