Anthropic Doubles Funding Target to $20 Billion at $350 Billion Valuation

Summary

Reports on January 28, 2026, confirmed that Anthropic has doubled the size of its latest fundraising round from $10 billion (originally reported January 7) to $20 billion, amid surging investor demand. The round values Anthropic at approximately $350 billion, nearly doubling its September 2025 valuation of $183 billion. Expected investors include Sequoia Capital (notably also an OpenAI backer), Singapore's GIC sovereign wealth fund, and Coatue. Potential participation from Microsoft and Nvidia h