Anthropic – the company behind the Claude chatbot – is reportedly about to raise approximately $20 billion in a new funding round, valuing the company at $350 billion. This figure is double the initial plan of $10 billion, indicating that investment demand in the AI sector continues to grow strongly.
The new capital is expected to be injected in multiple stages, with the majority coming from Singapore’s sovereign wealth fund GIC and U.S. investor Coatue, along with significant participation from Sequoia Capital. Previously, Microsoft and Nvidia had also committed to invest $10 billion and $5 billion respectively in Anthropic.
This news has boosted positive sentiment in the AI infrastructure stock group, especially among Bitcoin mining companies that have shifted towards high-performance computing. Stocks like IREN and Cipher Mining rose more than 12%, while Hut 8 and TeraWulf increased over 8%. AI-related tokens such as NEAR also saw slight gains.