Anthropic tops OpenAI as world's most valuable AI start-up at US$965B
Anthropic, the maker of the Claude AI assistant, has been valued at US$965 billion in its latest financing round, surpassing rival OpenAI as the world's most valuable AI start-up, Straits Times Business reported.
According to Straits Times Business, Anthropic — the maker of the Claude AI assistant — has been valued at about US$965 billion in its latest financing round, surpassing rival OpenAI to become the world's most valuable AI start-up. The level is roughly triple the company's valuation a year ago, with growth driven by enterprise API revenue and rapid adoption of large-language-model products.
Amazon is among Anthropic's large strategic investors and Google has also taken an equity stake. The company's annualised recurring revenue grew sharply through late 2025, according to industry analysts. Bloomberg Intelligence senior analyst Mandeep Singh said the valuation represents 'one of the most aggressive pricings in the sector'.
For investors, Anthropic's private-market valuation sets a new reference point for AI capex multiples applied to Nasdaq giants such as Nvidia, Microsoft and Alphabet. This commentary is not investment advice and is based solely on Straits Times Business reporting; consult a licensed adviser before any action.
More from Asia
Japan to bolster sea lane defence with Southeast Asia info-sharing plan
Japan will set up a broad maritime information-sharing framework with Southeast Asian countries, led by the Philippines, Vietnam and Indonesia. With the Hormuz crisis and South China Sea tensions in the background, Tokyo is moving to protect critical trade lanes.
Japan PM Takaichi vows 'breakthrough' on North Korean abductee issue
Japanese Prime Minister Sanae Takaichi said she is determined to achieve a 'breakthrough' in resolving the long-standing issue of Japanese nationals abducted by North Korea, vowing to weigh all options, according to South China Morning Post.
Inflation storm builds in India as rupee sinks deeper
India's wholesale price inflation is expected to face additional upward pressure as oil and metal prices remain elevated amid geopolitical tensions. A weakening rupee is further worsening the inflation outlook, a new report warned.