Anthropic’s private valuation jumps 22x since June 2024, outpacing Nvidia and the Nasdaq 100 by about 10x

AI Market Summary
Mutual fund disclosures imply Anthropic's private valuation has risen ~22x since June 2024, far outpacing Nasdaq 100 and Nvidia, underscoring intense capital concentration in frontier AI. While Anthropic remains untradeable for most investors and fund position sizes are small, the narrative reinforces AI's dominance in risk appetite and highlights Nvidia's strategic role as supplier/investor, keeping attention and flows focused on public AI proxies.
Impact level
● Medium
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NCSKNVDA2USD/USDT+1.08%
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▲ Bullish
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Anthropic’s private valuation has climbed 22-fold since June 2024, based on mutual-fund reported marks. The increase has outpaced both Nvidia and the Nasdaq 100 by about 10 times, even as Anthropic remains privately held, according to Bloomberg ETF analyst Eric Balchunas. After a May 2026 financing, the company’s post-money valuation reached $965 billion. Anthropic also said its annualized revenue run rate hit $65 billion by the end of July, up from about $9 billion at the end of 2025.