Anthropic has closed a $30 billion Series G funding round, valuing the AI company at $380 billion, more than double its $183 billion Series F valuation from last year. The round was led by Singaporean wealth fund GIC and Coatue, with D.E. Shaw Ventures, Founders Fund, and Abu Dhabi's MGX as co-leads. QIA, Accel, General Catalyst, and Jane Street participated alongside other investors.
MGX's involvement is a notable shift. The Abu Dhabi investment vehicle was reported to be in advanced talks for Anthropic's Series F last September but was absent from the final investor list on that round, which was led by Iconiq Capital with Fidelity and Lightspeed as co-leads and included QIA, GIC, BlackRock, Goldman Sachs Alternatives, and Ontario Teachers' Pension Plan. MGX now enters at the co-lead level on the Series G.
The path to Gulf sovereign capital has been uneven for Anthropic. In 2024, leaked Slack messages from CEO Dario Amodei surfaced in which he expressed reservations about accepting investment from the region. A subsequent internal memo confirmed the company was reconsidering its position, framing Gulf capital as narrowly scoped and purely financial, with no governance rights attached. That stance has now been tested across two consecutive mega-rounds, and both times the company has accepted sovereign investment from Abu Dhabi and Doha.
Anthropic's growth has been rapid. Revenue run-rate grew from $1 billion in January 2025 to $5 billion by August, with the company's Claude AI assistants now serving over 300,000 business customers. Large accounts spending more than $100,000 annually have grown nearly 7x in the past year. Claude Code, launched in May 2025, already generates more than $500 million in annualised revenue.
The raise comes as Anthropic competes directly with OpenAI, which is separately seeking to secure an additional $100 billion in funding at a reported valuation of $830 billion.
