Anthropic Valued at $965 Billion

Artificial intelligence startup Anthropic has raised $65 billion in a new funding round, pushing its valuation to $965 billion and surpassing rival OpenAI. The company also announced the release of Claude Opus 4.8, which features significant improvements in coding and honesty.

This massive capital injection is being supported by major financial players including Apollo and Blackstone, who are reportedly arranging $36 billion in debt to purchase Google AI chips for Anthropic.

The shift in market leadership underscores the intensifying competition in the generative AI sector as firms race to build out enterprise-grade infrastructure.