AI powerhouse Anthropic, the creator of AI chatbot Claude, is about to raise $20 billion in fresh investment from venture capitalists and other investors, the Financial Times reported, in a deal that would value the company at $350 billion.
The San Francisco-based firm had targeted a $10 billion investment round, people familiar with the matter told the FT, but it quickly became evident that investors are hungrier for AI than anticipated.
Anywhere between $10 to $15 billion of the fresh capital will be received as early as Tuesday, with the rest being finalized in the coming weeks. The deal is led by Singaporean sovereign wealth fund GIC and U.S. investor Coatue, with Sequoia Capital also contributing a large sum.
Those bitcoin miners that have pivoted more towards AI and high-performance computing (HPC) infrastructure are seeing major gains on Tuesday alongside the news. IREN (IREN) and Cipher Mining (CIFR) are each higher by more than 12%, with Hut 8 (HUT) and TeraWulf (WULF) posting gains of more than 8%.
AI-linked token Near Protocol NEAR$1.4910 is modestly higher as well.
In addition to this funding round, tech powerhouses Microsoft and Nvidia have previously said that they would invest $10 billion and $5 billion, respectively, into Anthropic.
More For You
Pudgy Penguins: A New Blueprint for Tokenized Culture
Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.
What to know:
Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.
The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.
More For You
Bitcoin climbs above $89,000 as U.S. dollar tumbles on President Trump's remarks
The president said he isn't concerned about the dollar's recent declines, sending the greenback plunging even lower.
What to know:


