Anthropic raises $65 billion as compute commitments reach multi-gigawatt scale
Anthropic announced a $65 billion Series H at a $965 billion post-money valuation and said annualized revenue had crossed $47 billion earlier in May. The round includes strategic infrastructure partners and follows agreements for up to five gigawatts each from Amazon and Google-Broadcom plus SpaceX GPU capacity.
Why it matters: Frontier AI is becoming a capital and energy market as much as a software market, with labs financing infrastructure at hyperscaler scale.