ReferIndia News Anthropic nears $1 trillion valuation, zooms past OpenAI after latest funding round

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Anthropic nears $1 trillion valuation, zooms past OpenAI after latest funding round

Published on: May 29, 2026, 1:01 p.m. | Source: The Economic Times

The company’s valuation has more than doubled from $380 billion in February, reflecting its swift rise as a leading competitor in the AI race and intense investor demand for stakes in frontier companies. Anthropic said its run-rate revenue crossed $47 billion earlier this month.

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