Anthropic overtakes OpenAI AI valuation race enters hyperdrive
News Source : Economictimes.com
News Summary
- AI startup Anthropic has reportedly reached a massive $965 billion valuation after raising $65 billion in fresh funding.
- The milestone places the company ahead of rival OpenAI for the first time and marks one of the biggest private funding rounds in technology history.
- Anthropic’s rise signals that enterprise-focused AI platforms can compete directly with consumer-first AI giants.
- The battle between Anthropic and OpenAI is increasingly centred on scale, profitability and access to computing infrastructure, as the global AI boom continues to accelerate.
May 29, 2026, 120355 PM IST AI startup Anthropic has reportedly reached a massive $965 billion valuation after raising $65 billion in fresh funding.
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