Six months after closing a $13 billion investment, Anthropic PBC today announced that it has raised an additional $30 billion at a $380 billion valuation.

Singapore’s GIC sovereign wealth fund and Coatue led the round. They were joined by more than 30 other backers including Nvidia Corp. and Microsoft Corp. This past November, the two tech giants committed to jointly invest up to $15 billion in Anthropic. The artificial intelligence developer’s new raise included a portion of the commitment.

Anthropic says it’s generating $14 billion in annualized recurring revenue after growing sales more than tenfold in each of the past three years. That growth is partly driven by demand from large enterprises. According to the company, more than 500 customers pay at least $1 million per year for its products.

Claude Code, the AI programming assistant that Anthropic launched last year, has also emerged as a major growth driver. The tool’s annualized recurring revenue has doubled to $2.5 billion since the start of the year. Enterprises account for more than half that number.

Last week, Anthropic updated Claude Code with a capability called agent teams. It enables developers to split a complex programming task among multiple Claude Code instances that run in parallel. Generating application features side-by-side is faster than creating them one after another.

Claude Code’s agent teams rolled out as part of a broader update that was headlined by Claude Opus 4.6. The latest iteration of Anthropic’s flagship AI model can process prompts with up to 1 million tokens. That means Claude Code, which uses Claude Opus 4.6 under the hood, can analyze up to 75,000 lines of code at once.

Claude Opus 4.6 is also better than its predecessor at other use cases. It set a new record on a benchmark called GDPval-AA that includes tasks spanning fields such as finance, manufacturing and law. Additionally, the model bested rivals on a separate benchmark that measures AI agents’ ability to perform research.

Anthropic said it will use its new funding to finance model development projects. Another portion of the capital will go to “infrastructure expansions,” likely a reference to the $50 billion data center construction push the company announced in 2025. The first facilities are set to come online in Texas and New York later this year.

The company is building the data centers in collaboration with Fluidstack Ltd., a developer of software that automates tasks such as provisioning graphics card clusters. The AI developer has also partnered with Amazon Web Services Inc. on its infrastructure expansion push. Last year, AWS inaugurated a $11 billion data center campus built to run Anthropic workloads.

The AI developer will invest in power infrastructure to support its build-out. Earlier this week, Anthropic committed to covering the cost of any grid upgrades that may be needed to supply its data centers with electricity. 

Today’s round covers only a portion of the $50 billion that the company plans to spend on its infrastructure initiative. As a result, it’s possible that Anthropic will seek to raise more funding in the foreseeable future. The company’s rapid growth will likely be an important element of its pitch to investors: Anthropic reportedly expects its annualized revenue to more than double to $30 billion by year’s end.

Image: Anthropic