Anthropic has closed a $20 billion primary round at a $300 billion post-money valuation, three sources with direct knowledge of the deal told ByteDispatch. The round closed late Friday and is expected to be announced as soon as Monday.
The round was led by Lightspeed Venture Partners and Sequoia Capital, with a previously undisclosed Gulf-region sovereign fund taking the largest single check. Existing investors Google, Amazon, and Spark Capital all participated in their pro rata.
The pricing represents a roughly 4x markup from the company's $75 billion valuation a year ago, and pulls Anthropic ahead of OpenAI on a per-customer revenue basis, according to two of the sources.