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Anthropic Secures $2.5 Billion Credit Line to Fund Rapid AI Expansion

The AI startup's latest financing bolsters its $61.5 billion valuation as revenue doubles and enterprise adoption surges.

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Overview

  • Anthropic has closed a $2.5 billion, five-year revolving credit facility with major global banks, including Morgan Stanley, Barclays, Citibank, Goldman Sachs, JPMorgan, Royal Bank of Canada, and Mitsubishi UFJ Financial Group.
  • The company plans to use the credit line to strengthen its balance sheet and support rapid scaling in the competitive generative AI sector.
  • Anthropic's annualized revenue reached $2 billion in Q1 2025, doubling from the prior period, while the number of customers spending over $100,000 annually increased eightfold year-over-year.
  • The funding follows a March 2025 valuation of $61.5 billion, positioning the company as a key challenger to AI leaders like OpenAI, Google, and Amazon.
  • As the generative AI market is projected to surpass $1 trillion in revenue within a decade, Anthropic aims to leverage its Claude chatbot and enterprise-grade AI solutions to capture growing demand.