AI & Technology
Anthropic Raises Record $65 Billion at $965 Billion Valuation — Largest AI Funding in History
AI startup overtakes OpenAI as world's most valuable private company with mega-round including $36 billion chip financing deal
By 19Network Editorial Team · Jun 1, 2026 · 3 min read
Anthropic has raised $65 billion at a $965 billion post-money valuation, the largest single funding round ever raised by a private AI company, surpassing OpenAI's $852 billion private market valuation for the first time.
The artificial intelligence industry witnessed its biggest financial milestone on May 29, 2026, when Bloomberg confirmed that Anthropic raised $65 billion in a funding round that valued the company at $965 billion post-money. This historic achievement makes Anthropic the most valuable private AI company in the world, overtaking OpenAI's $852 billion private market valuation for the first time since both companies began competing for dominance in large language models. The funding structure involves not just equity but an associated $36 billion private credit facility from Apollo Global Management and Blackstone to purchase Google TPU chips for Anthropic's infrastructure. Broadcom, which co-develops the TPUs with Google, is backstopping payments on the largest debt tranches, creating what financial analysts are calling the largest chip-financing debt transaction in history. Sequoia, Dragoneer, Altimeter, and Greenoaks co-led the round, with Microsoft, NVIDIA, Founders Fund, and General Catalyst also participating as major investors. Anthropic CEO Dario Amodei stated the capital will go toward compute infrastructure, model development, and safety research at the frontier of…