Who is betting on what in AI, and against whom.
Anthropic
Claude. Pure camp 1 plus safety and interpretability.
- HQ
- San Francisco
- Founded
- Jan 2021
- Web
- anthropic.com
- Camps
- LLM scaling
What it does
Anthropic builds the Claude models and is the purest large-scale bet on next-token prediction plus post-training. It pairs that with interpretability and a Responsible Scaling Policy. In May 2026 it raised $65B at a $965B valuation and filed confidentially for an IPO on June 1.
Camp membership over time
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dates not recordedScale next-token predictionSources Anthropic files to go public TechCrunch 2026-06-01 · OpenAI co-founder Andrej Karpathy joins Anthropic's pre-training team TechCrunch 2026-05-19
Capital
| Amount | Kind | Valuation | Date | Investors | Source |
|---|---|---|---|---|---|
| $450M | Series C | May 2023 | Spark Capital, Google, Salesforce Ventures, Zoom Ventures | TechCrunch | |
| $4B | strategic investment | Sep 2023 | Amazon Up to $4B; $1.25B initially, later increased to $8B in total. | Amazon | |
| $3.5B | Series E | $61.5B post-money | Mar 2025 | Lightspeed | Anthropic |
| $13B | Series F | $183B post-money | Sep 2025 | ICONIQ, Fidelity, Lightspeed | Anthropic |
| $65B | Series H | $965B post-money | May 2026 | Fortune, TechCrunch | |
| n/a reported | ipo | $2T reported | Oct 2026 | Reported target for an October 2026 listing; pitching pushed to mid-October per later reports. Not priced. | Fortune |
