Anthropic’s Secret $150B Valuation Push Could Turn FTX’s Ghost Stake Into a $12B Goldmine—Here’s Why Investors Are Watching Closely
What’s in a valuation? Apparently, everything—when it comes to Anthropic, the AI startup that’s shaking up the tech world yet again. Just months after snagging $3.5 billion at a $61.5 billion valuation, this trailblazer is now angling to raise up to $5 billion with a mind-boggling $150 billion valuation on the table. Yes, you read that right. The numbers are flying so high, it practically begs the question: how does a former $1.3 billion stake purchased from FTX suddenly jump to over $12 billion? The story behind the scenes involves mega investors in the UAE, relentless cash burn to fuel next-gen AI models, and a value surge that’s rewriting the rules for the sector’s heavy hitters. If you’ve ever wondered what it takes to double down on success in the hyper-competitive AI race, this tale is a masterclass in ambition and valuation gymnastics.
The AI startup is in talks to raise up to $5B, more than doubling its valuation months after closing a $3.5B round at $61.5B.
Photo: Alamy PA
Key Takeaways
- Anthropic is in early talks to raise $3–$5 billion, targeting a valuation above $150 billion, up from $61.5B in March.
- At this valuation, FTX’s former 8% stake, sold for approximately $1.3 billion, would be revalued at over $12 billion.
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Anthropic is in early talks to raise a new funding round at a valuation exceeding $150 billion, according to the Financial Times, citing people familiar with the matter.
The discussions come just four months after the AI startup raised $3.5 billion at a $61.5 billion valuation in a Series E led by Lightspeed Venture Partners. If successful, the new round would more than double Anthropic’s valuation in a short span.
The OpenAI rival is reportedly targeting $3 billion to $5 billion in fresh capital. At the $150 billion mark, the valuation would imply that FTX’s former 8% stake, sold last year for $1.3 billion, could now be worth over $12 billion.
The buyer of that stake was a UAE-based fund affiliated with MGX, Abu Dhabi’s sovereign AI investment arm, which the Wall Street Journal reported last year had acquired the stake from FTX. The Financial Times now says MGX is seeking to participate in the new raise.
Anthropic, like its chief competitor OpenAI, remains unprofitable and continues to burn significant cash to train and deploy advanced models. Still, if the round closes as planned, it would cement Anthropic as one of the world’s most valuable AI firms.
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