Anthropic reportedly received investment proposals from multiple venture capital firms, with a valuation of US$800 billion

U.S. artificial intelligence startup Anthropic has received offers from multiple venture capital firms in recent weeks, valuing the Claude model maker at as much as $800 billion, more than double its current valuation, according to people familiar with the matter. Many high-profile startups often receive unsolicited investment offers from investors, only to ultimately reject those offers.

Still, the valuations given by venture capital firms suggest there is unusually strong demand for equity in Anthropic in Silicon Valley as the company prepares for an IPO later this year.

A spokesman for Anthropic declined to comment. The company completed a round of financing led by the Government of Singapore Investment Corporation (GIC) and Coatue in February this year, valuing the company at US$380 billion. That's less than half of the $852 billion valuation OpenAI received in a financing it closed last month.

However, Anthropic is currently valued at $688 billion on Caplight, a secondary market exchange where investors can trade shares of unlisted companies, a rise of 75% in three months.

Investors and founders have marveled at Anthropic's meteoric growth and the momentum of its artificial intelligence coding assistant, Claude Code.

“They’re doing a fantastic job,” Jared Quincy Davis, founder and CEO of AI cloud platform Mithril, said of Anthropic at the AI conference HumanX last week.

Anthropic announced last week that its annualized revenue, or how much money a company expects to earn in a year, has surged to $30 billion, up from $9 billion at the end of last year. The company also said that more than 1,000 enterprise customers spend more than $1 million annually, a number that has doubled in less than two months.

Last week, Anthropic released its latest model, the Mythos. The company said Mythos is powerful but cannot yet be launched to the public due to the risk of cyberattacks.

“The Mythos model is huge,” Tomasz Tunguz, founder and general partner of Theory Ventures, said at the HumanX conference last week. “Everyone is very excited.”