# GIC

Anthropic’s Big Bet: $20bn Fundraise Propels AI Rival to a $350bn Valuation

Anthropic is lining up about $20 billion in investor commitments at a roughly $350 billion valuation, twice its initial fundraising target and driven by strong demand from institutional investors. The round, led by GIC and Coatue with large commitments from Microsoft and Nvidia, highlights investor confidence in Anthropic's enterprise focus even as the company readies an IPO and publicly emphasises AI safety.