Anthropic Is Now Worth More Than OpenAI

Anthropic's valuation exceeds OpenAI's at $965 billion post-money, up from $852 billion, following a $65 billion Series H funding round led by Altimeter Capital, Dragoneer, Greenoaks, and Sequo. This makes Anthropic more valuable than OpenAI despite limited long-term profitability proof and unclear accounting practices. The valuation shift reflects investor confidence in Claude's AI capabilities, though Anthropic's operating profit remains narrow and may not sustain throughout the year due to rising compute costs.