Anthropic is in preliminary negotiations for new funding that would value the company at over $900 billion.
The AI safety and research firm would become one of the world's most valuable private companies. This deal would position the company's market value above its primary rival, OpenAI.
The developer of Claude AI models reached a $380 billion valuation during its last round. This previous funding occurred in February 2026.
Existing backers include major technology firms Google and Amazon. Anthropic intends to use the new capital to secure computing power for advanced AI development.