Anthropic, the company behind the Claude AI models, raises $65 billion in a new funding round that values it at about $965 billion, including the new investment. Multiple outlets report that this marks the first time Anthropic surpasses OpenAI by market valuation in this series of private-company comparisons. OpenAI’s most recently cited valuation varies by source, including figures of about $852 billion (cited for March) and about $730 billion (cited as its earlier valuation after a large funding round). Some reports also describe Anthropic’s valuation in the range of roughly $900 billion to nearly $1 trillion, reflecting differences in the specific valuation figures referenced by each outlet. The funding is reported as a major step toward a potential public listing, with some sources noting that either company could pursue an initial public offering as early as this year, though no listing timeline is confirmed. One source adds that Anthropic releases a new Claude model around the same period, while other coverage focuses primarily on the valuation and financing. Overall, the articles describe an intensifying competition between the two AI firms, with investors valuing Anthropic more highly following the latest round.