QIA Expands Stake in Claude Maker Anthropic via $65B Funding Round

Qatar’s sovereign wealth fund, the Qatar Investment Authority (QIA), has deepened its bet on artificial intelligence by participating in Anthropic’s $65 billion Series H funding round, increasing its stake in the company behind the Claude chatbot. The latest raise values Anthropic at $965 billion post-money, making it one of the world’s most valuable private technology companies and placing it ahead of rival OpenAI by valuation.

The move marks QIA’s third consecutive investment in Anthropic. The fund first backed the AI startup in its $13 billion Series F round in September 2025 before participating again in its $30 billion Series G financing earlier this year. The latest investment reflects growing Gulf interest in frontier AI infrastructure as sovereign investors race to secure exposure to the technologies powering the next generation of enterprise software and computing.

Anthropic said the new capital will be used to expand computing capacity, advance AI safety and interpretability research, and scale products built around Claude, which has seen rapid enterprise adoption. The company reported annualized run-rate revenue of more than $47 billion in May, underscoring investor confidence in the commercial potential of generative AI as competition intensifies among the sector’s biggest players.