Anthropic completed a $65 billion Series H round, bringing its valuation to $965 billion and reportedly surpassing OpenAI. The round included strategic investments from memory makers Micron, Samsung, and SK Hynix. The news highlights how frontier AI companies are increasingly tied to hardware and memory supply chains, as investors continue backing foundational model competition.
Anthropic has closed a $65 billion Series H round at a $965 billion post-money valuation. The TechCrunch report says this could be the AI startup’s final private fundraise before a highly anticipated IPO. The news is primarily a business and capital markets signal, highlighting investor appetite for leading AI companies at near-trillion-dollar valuations.
Latent Space reports that Cognition raised $1B in a Series D round at a $26B valuation. The short note frames coding as an uncapped TAM market, signaling continued investor enthusiasm for AI coding. The source does not provide investor names, product details, revenue figures, model information, or technical benchmarks.
TechCrunch reports that AI coding startup Cognition raised $1 billion at a $25 billion pre-money valuation. The company says its annualized revenue run rate has reached 492, though the provided excerpt does not specify the unit. Cognition also says its valuation has more than doubled in eight months, underscoring investor appetite for AI coding startups.