Sequoia Said to Join GIC and Coatue in Proposed Anthropic Funding Round at $350B Valuation

SAN FRANCISCO — Venture capital firm Sequoia Capital is expected to join Singapore’s sovereign wealth fund GIC and Coatue Management in a proposed mega funding round for Anthropic, according to reporting citing people familiar with the matter.

If completed on the reported terms, the fundraising would value the Claude chatbot maker at around $350 billion, placing it among the most valuable privately held technology companies globally.

The funding effort is expected to raise up to $25 billion, though the final size and structure remain fluid and could change before closing, according to the reports. Neither Anthropic nor the investors named have publicly confirmed the terms as of publication.

A funding round that would reset the private AI leaderboard

Anthropic has emerged as one of the most closely watched companies in the generative AI boom, as enterprises accelerate adoption of large language models for productivity, automation and software development.

The scale of the proposed financing underscores how capital continues to concentrate around a small set of frontier AI labs — even as investors debate how quickly revenue growth and real-world adoption can justify the sector’s rapidly rising valuations.

Earlier reporting pointed to a $10B raise at $350B

Separate reporting earlier this month said Anthropic was in talks to raise around $10 billion at a $350 billion valuation, with GIC and Coatue among the lead investors.

The new Financial Times report adds that Sequoia is expected to participate as well, in what would be one of the largest venture funding rounds in technology history if finalized.

IPO preparation chatter remains unofficial

Reports have also suggested Anthropic has begun laying groundwork for a potential public listing as early as 2026, including engagement with advisors for IPO readiness. The company has not publicly announced an IPO timetable.

Executive Summary

Anthropic is reported to be in talks for a massive funding round that could value the AI startup at around $350 billion. GIC and Coatue are cited as key investors, and Sequoia is also expected to participate, according to reports. If completed, the fundraising would rank among the largest private tech capital raises ever and highlights continued investor demand for leading generative AI platforms.

FAQs

1) What is being reported about Anthropic’s new funding round?

Reports say Anthropic is in talks for a major fundraising that could value the company at around $350 billion, with investors including GIC, Coatue, and reportedly Sequoia.

2) Is the $350 billion valuation confirmed?

Not officially. The valuation is reported and based on discussions described by sources familiar with the matter. Terms could change before the round closes.

3) How much money is Anthropic expected to raise?

Some reports suggest the company could raise up to $25 billion, while earlier coverage referenced a round of around $10 billion. The final total remains unconfirmed.

4) Why are investors willing to fund Anthropic at such a high valuation?

Anthropic is one of the leading frontier AI labs, and demand for enterprise AI tools has accelerated. Investors are betting that a handful of dominant platforms may capture outsized long-term value in AI infrastructure and software.

5) Is Anthropic planning an IPO in 2026?

Reports suggest the company may be preparing for a potential IPO timeline in 2026, but Anthropic has not publicly confirmed any listing plan.