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- Anthropic raises $65B at $965B valuation, surpasses OpenAI as revenue run rate tops $47B
Anthropic raises $65B at $965B valuation, surpasses OpenAI as revenue run rate tops $47B
Bay Area Times
May 29, 2026
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Top stories today:
- Anthropic raises $65B at $965B valuation, surpasses OpenAI
- Claude Opus 4.8 unveiled by Anthropic to take on OpenAI, Google
- Dell Q1 FY27 revenue +88% YoY to $43.8B, net income +256%
- SpaceX said to target $1.8T+ IPO valuation, down from $2T+ goal
- Blue Origin’s New Glenn explosion jeopardizes planned Leo launch
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Listen to our AI-generated podcast summarizing today’s newsletter (beware of hallucinations):
1. Anthropic raises $65B at $965B valuation, surpasses OpenAI as revenue run rate tops $47B
Greenoaks, Sequoia, Altimeter, and Dragoneer led the round.
Samsung, Micron, and SK Hynix are among the new strategic investors.
The funding will help Anthropic “serve the historic demand” it is experiencing, CFO Krishna Rao said.
Anthropic has become the world’s most valuable startup with the funding round.
Mar.: OpenAI raised $122B at an $852B post-money valuation.
$130B+ has been raised by Anthropic to date.
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3. Claude Opus 4.8 unveiled by Anthropic to take on OpenAI, Google
Claude Opus 4.8 has topped the Artificial Analysis Intelligence Index, ahead of GPT-5.5 and Gemini 3.1 Pro Preview:
Costs remain $5/$25 per 1M input/output tokens, unchanged from Opus 4.7, vs. GPT-5.5’s $5/$30 and Gemini 3.1 Pro’s $4/$18.
Major gains in scientific and academic reasoning.
The model is “more likely to flag uncertainties about its work and less likely to make unsupported claims,” Anthropic said.
Claude Code now supports dynamic workflows with hundreds of parallel subagents.
Coming weeks: Anthropic said Mythos-class models will be available to all customers.
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5. Dell Q1 FY27 revenue +88% YoY to $43.8B, net income +256%
