The U.S.-based company is the latest in QIA’s push to invest in “forward-looking, tech-led companies” dealing with AI.
The Qatar Investment Authority (QIA) has invested in Anthropic, the U.S.-based artificial intelligence safety and research company behind popular large language model Claude.
The Qatari sovereign wealth fund joined a cohort of major global investors, led by ICONIQ, in the Series F fundraise worth $13 billion (approximately QAR 47.3 billion), Anthropic and QIA confirmed in respective statements.
“The investment reflects Anthropic’s unprecedented velocity and reinforces their position as the leading intelligence platform for enterprises, developers, and power users,” QIA added in its statement.
The QIA joins a studded list including Blackstone, Coatue, BlackRock, and co-leads Fidelity Management & Research Company and Lightspeed Venture Partners, among others. Qatar Investment Authority’s share in the latest round, however, was not revealed.
The latest round has put Anthropic’s post-money valuation at $183 billion (about QAR 666.3 billion), more than double compared to its last round in March, which valued the company at $61.5 billion (about QAR 223.9 billion).
The latest investment will help expand Anthropic’s capacity to meet growing demands, the company’s statement said, adding the aim was also to “deepen safety research and support international expansion”.
“We are seeing exponential growth in demand across our entire customer base,” Krishna Rao, the company’s Chief Financial Officer, said in the statement.
“This financing demonstrates investors’ extraordinary confidence in our financial performance and the strength of their collaboration with us to continue fueling our unprecedented growth.”
The company first gained widespread traction after launching Claude, a family of large language models, in March 2023. It has since been backed by Alphabet, Google’s parent company, and Amazon.
Claude’s latest upgrade, the Opus 4.1, was released in August, which the company claimed excels at “agentic tasks, real-world coding, and reasoning”.
Claude was also listed on the U.S. government’s list of approved AI vendors last month, alongside OpenAI’s ChatGPT and Google’s Gemini.
For QIA, Anthropic is another addition to its AI and tech portfolio and perhaps its most high-profile one to date, while also fitting the country’s efforts to advance in forward-looking tech as outlined in the National AI Strategy 2019.
In June, it joined Series F fundraising for Applied Intuition, a leader in vehicle intelligence, adding to the list consisting of Turkish AI Insider, social media platform X’s xAI, and AI platform Cresta.
After investing in data and AI firm Databricks in November 2023, QIA’s Technology, Media and Telecoms (TMT) investments head, Mohammed Al-Hardan, had said that the intent was to “invest in forward-looking, tech-led companies, many of which are building AI seamlessly into their product and offering.”
