Now among the world’s most valuable private technology firms, the company confirmed the round on Thursday, saying investors including D. E. Shaw Ventures, ICONIQ and MGX co-led the deal. 

Microsoft and Nvidia also took part, adding to their existing investments. Singapore’s sovereign wealth fund GIC and Coatue Management were among the lead backers in what the company described as its Series G round. 

Other investors included Founders Fund, Qatar Investment Authority, Accel, General Catalyst and Jane Street.

With this latest raise, Anthropic’s total funding since it was founded now exceeds $57 billion. The Series G deal ranks among the largest private technology financings on record, second only to OpenAI’s $40 billion raise in 2025.

Anthropic said its annualised revenue has reached $14 billion. Its coding-focused product, Claude Code, accounts for more than $2.5 billion of that figure. The company said revenue from Claude Code has more than doubled since the start of 2026.

Business demand is growing. Subscriptions to Claude Code from companies have quadrupled this year. Enterprise clients now generate more than half of the product’s revenue, according to the company.

Anthropic has built much of its strategy around tools for developers and office workers. Its Claude Cowork agent carries out computer-based tasks for white-collar staff. 

The release of plugins for the agent unsettled parts of the software market, as investors weighed the possible impact of automation on traditional software providers.

The funding places Anthropic closer to its main competitor, OpenAI. In January OpenAI was in talks with SoftBank Group to raise as much as $30 billion more, in a deal that could value the company at about $830 billion.

Microsoft and Nvidia have now backed both companies, strengthening their positions as key suppliers of computing power to the artificial intelligence sector. Anthropic also counts Google and Amazon among its earlier supporters.

On regulation, Anthropic has taken a different line from many technology firms. The company has pledged $20 million to support U.S. political candidates who favour stronger oversight of artificial intelligence.

Earlier on Thursday, the company said: “The companies building AI have a responsibility to help ensure the technology serves the public good, not just their own interests.”

Chief executive Dario Amodei repeated that position at the World Economic Forum in Davos in January 2026, where he said artificial intelligence companies must ensure their technology benefits society as a whole.

Blackstone, the world’s largest alternative asset manager, is also increasing its stake in Anthropic to about $1 billion, Reuters reported earlier this week.

The company, launched in 2022, has now pulled in a total of $1.5 billion in funding. Details of who backed this latest round remain undisclosed. Previous rounds have seen investors like Accel step in, with July’s $100 million injection reported as part of an extension of an earlier $500 million round.

Growth has been rapid. According to sources, Perplexity’s annual recurring revenue is now approaching $200 million, up from $150 million just last month. That pace shows growing enterprise adoption and also the swelling user base, 30 million active users generating about 780 million queries each month.

The company’s vision extends well beyond being “another search engine.” Perplexity has repeatedly cast itself as a direct challenger to Google, offering conversational, citation-backed answers rather than the long list of links users typically see. 

In August, it went as far as making a $34.5 billion bid to acquire Google’s Chrome browser. The move followed U.S. Justice Department pressure on Google to divest Chrome over antitrust concerns. A federal judge later ruled Google would not be forced to sell, effectively ending the chance of that deal.

Beyond high-profile bids, Perplexity is working to expand its ecosystem. Its new Chromium-based browser, Comet, is currently available to Perplexity Max subscribers. The browser integrates search with task automation and multitasking tools, noting the company’s intention to play not only in search but also in productivity and workflow automation.

On the competition side, Google is continually refining its Search Generative Experience, OpenAI is reportedly preparing its own browser, and Anthropic is pushing its Claude-powered tools. However, Perplexity’s pitch, real-time answers with citations, has carved a unique position that is drawing attention from both publishers and enterprises.

The company has not issued a statement on the latest funding, but it is moving quickly, driven by capital, adoption, and a goal to unsettle one of the most entrenched tech monopolies of the modern era.