Reading time: 2 min
AI company Anthropic has secured $30 billion in Series G funding at a post-money valuation of $380 billion, with Qatar Investment Authority among the notable Middle Eastern participants in the massive investment round.
The funding was led by Singapore’s GIC and US-based Coatue, with co-leadership from D.E. Shaw Ventures, Dragoneer, Founders Fund, ICONIQ, and UAE’s MGX sovereign wealth fund. Qatar Investment Authority joined an extensive list of investors including BlackRock, Goldman Sachs, JPMorgan Chase, and Microsoft.
Extraordinary Growth Claims
Anthropric reports reaching a $14 billion revenue run-rate despite earning its first dollar less than three years ago. The company claims revenue has grown more than 10-fold annually over each of the past three years, though these figures represent company-reported metrics that have not been independently verified.
The number of customers spending over $100,000 annually on Claude has grown sevenfold in the past year, according to the company. Anthropic states that customers spending over $1 million annually have increased from a dozen two years ago to more than 500 today, with eight of the Fortune 10 now using Claude.
Coding Revolution Claims
Claude Code, the company’s AI programming assistant launched to the public in May 2025, has generated over $2.5 billion in run-rate revenue. This figure has allegedly more than doubled since the beginning of 2026, with weekly active users also doubling since January.
Anthroprc cites analysis estimating that 4 percent of all public GitHub commits worldwide are authored by Claude Code, representing double the percentage from one month prior. Business subscriptions have quadrupled since early 2026, with enterprise usage comprising over half of Claude Code revenue.
Product Expansion
The company launched over thirty products and features in January alone, including Cowork, which extends Claude Code’s capabilities beyond programming to broader knowledge work. Cowork includes eleven open-source plugins designed for specific roles including sales, legal, and finance teams.
Anthropric has also expanded into healthcare and life sciences, making Claude for Enterprise available to organizations operating under HIPAA compliance requirements.
Market Positioning Questions
The $380 billion valuation places Anthropic among the world’s most valuable private companies, though the sustainability of such rapid growth metrics raises questions in an increasingly competitive AI market. The involvement of major sovereign wealth funds from Qatar, UAE, and Singapore signals continued Middle Eastern interest in artificial intelligence investments, following the region’s broader push into technology sector diversification.
Sources: Anthropic
