Qatar Investment Authority (QIA), the nation’s sovereign wealth fund, has again increased its stake in Anthropic, participating in the AI company’s colossal $65 billion Series H funding round. The move marks QIA’s third investment in the San Francisco-based firm, signaling a strong conviction in the Claude chatbot creator as it prepares for a public market debut.
Quick Facts
- Funding Round: $65 billion Series H financing.
- Company Valuation: $965 billion post-money.
- MENA Investor: Qatar Investment Authority (QIA).
QIA’s Strategic AI Play
This latest investment deepens QIA’s position in one of the world’s leading AI contenders. The fund, which manages over $580 billion in assets, first backed Anthropic in its $13 billion Series F round in September 2025 and followed up by joining the $30 billion Series G raise in February 2026.
The Series H round was led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital. Other major participants included Capital Group, Coatue, D1 Capital Partners, GIC, ICONIQ, and XN. Anthropic plans to use the capital to advance its AI safety research, scale its computing capacity to handle growing demand for Claude, and expand its global product offerings.
Anthropic Eyes Public Markets
The funding arrives at a pivotal moment for the company. Anthropic confirmed on Monday that it has filed confidential draft paperwork for an Initial Public Offering (IPO). This move places it on a similar path to its main rival, OpenAI, as the world’s top AI labs look to tap public markets for capital. QIA’s pre-IPO participation positions it to capitalize on Anthropic’s potential market entry.
Expanding Qatar’s Global Tech Footprint
The investment in Anthropic is a key part of QIA’s broader strategy to build a robust portfolio of global technology assets. The sovereign wealth fund has been actively investing in high-growth tech firms, with recent stakes in data and AI company Databricks, optical I/O specialist Ayar Labs, and human performance company WHOOP. More recently, QIA expanded its fintech holdings with an investment in the Latin American digital bank Plata.
About Qatar Investment Authority (QIA)
Qatar Investment Authority is the sovereign wealth fund of the State of Qatar. Established in 2005, QIA’s mission is to invest, manage, and grow Qatar’s reserves to create long-term value for future generations. With a global portfolio spanning all major asset classes and regions, QIA is focused on building a diversified portfolio of strategic and commercial investments.
About Anthropic
Anthropic is an AI safety and research company based in San Francisco. Founded by former senior members of OpenAI, the company is dedicated to building reliable, interpretable, and steerable AI systems. Its flagship product is Claude, a family of large language models designed to be helpful, harmless, and honest.
Source: Zawya
