Categories: Crypto

Anthropic seeks $150B valuation in new raise, revaluing FTX’s former stake at over $12B

Key Takeaways

Anthropic is in early talks to raise $3–$5 billion, targeting a valuation above $150 billion, up from $61.5B in March.
At this valuation, FTX’s former 8% stake, sold for approximately $1.3 billion, would be revalued at over $12 billion.

Anthropic is in early talks to raise a new funding round at a valuation exceeding $150 billion, according to the Financial Times, citing people familiar with the matter.

The discussions come just four months after the AI startup raised $3.5 billion at a $61.5 billion valuation in a Series E led by Lightspeed Venture Partners. If successful, the new round would more than double Anthropic’s valuation in a short span.

The OpenAI rival is reportedly targeting $3 billion to $5 billion in fresh capital. At the $150 billion mark, the valuation would imply that FTX’s former 8% stake, sold last year for $1.3 billion, could now be worth over $12 billion.

The buyer of that stake was a UAE-based fund affiliated with MGX, Abu Dhabi’s sovereign AI investment arm, which the Wall Street Journal reported last year had acquired the stake from FTX. The Financial Times now says MGX is seeking to participate in the new raise.

Anthropic, like its chief competitor OpenAI, remains unprofitable and continues to burn significant cash to train and deploy advanced models. Still, if the round closes as planned, it would cement Anthropic as one of the world’s most valuable AI firms.