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Gulf-backed Anthropic overtakes OpenAI in race to $1trn valuation

By CityCalc Newsroom · Fri May 29 2026 · Source: AGBI

US artificial intelligence company Anthropic has raised $65 billion in a funding round that trebles the startup’s valuation to almost $1 trillion, leapfrogging rival OpenAI as the world’s most valuable AI developer. The deal highlights the breakneck pace of investment flowing in…

US artificial intelligence company Anthropic has raised $65 billion in a funding round that trebles the startup’s valuation to almost $1 trillion, leapfrogging rival OpenAI as the world’s most valuable AI developer. The deal highlights the breakneck pace of investment flowing in…

Curated by CityCalc from AGBI. Read the full article at the source.

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