After backing OpenAI and xAI, Sequoia set to back another rival, Anthropic
Published on: Jan. 19, 2026, 1:20 p.m. | Source: The Economic Times
Anthropic's funding round is being led by Singapore's sovereign wealth fund GIC and US investor Coatue. Each fund will contribute $1.5 billion to Anthropic's raise, which is targeting $25 billion or more. The round is expected to double the Claude-maker's $183 billion valuation from September's Series F round.
