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.