Today's Edition
A.SREENIVASA REDDY (ABU DHABI)
MGX was named among the significant investors in Anthropic’s $65 billion Series H funding round, according to Anthropic’s official announcement.
A LinkedIn post attributed to MGX also said the Abu Dhabi-based investor had joined the round, although the post was not publicly accessible when checked by Aletihad.
MGX, the Abu Dhabi-based AI investor, has been stepping up its involvement in AI and data centre-related investments in the US and across the world.
Anthropic said it raised $65 billion in Series H funding, valuing the company at $965 billion post-money. The round was led by Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital.
The funding round was co-led by Capital Group, Coatue, D1 Capital Partners, GIC, ICONIQ and XN. Significant investors in the round included AMP PBC, Baillie Gifford, Blackstone, Brookfield, D.E. Shaw Ventures, DST Global, Fidelity Management & Research Company, General Catalyst, Insight Partners, Jane Street, Lightspeed Venture Partners, MGX, NTTVC, NX1 Capital, Situational Awareness LP, T. Rowe Price entities and Temasek.
The latest round also includes $15 billion of previously committed investments from hyperscalers, including $5 billion from Amazon. Strategic infrastructure partners Micron, Samsung and SK hynix also joined the round, with Anthropic saying their technologies play a critical role in the global supply of memory, storage and logic chips.
Anthropic said the new funding is expected to advance its safety and interpretability research, expand compute capacity to meet growing demand for Claude and scale the products and partnerships used by its customers.
Krishna Rao, Chief Financial Officer of Anthropic, said Claude is becoming “increasingly indispensable” to the company’s growing global customer base.
“This funding will help us serve the historic demand we are experiencing, stay at the research frontier, and bring Claude to more of the places where work happens,” Rao said.
Anthropic said adoption of Claude has continued to grow across global enterprise customers since its Series G round in February, with run-rate revenue crossing $47 billion earlier this month.
The company has also expanded its compute capacity in recent weeks. It said it had signed agreements with Amazon for up to five gigawatts of new capacity, with Google and Broadcom for five gigawatts of next-generation TPU capacity, and with SpaceX for access to GPU capacity in Colossus 1 and Colossus 2.
Anthropic said Claude is the first frontier model available on all three of the world’s largest cloud platforms: Amazon Web Services, Google Cloud and Microsoft Azure.
AWS remains its primary cloud provider and training partner, the company said.
MGX’s participation in the Series H round follows its earlier role in Anthropic’s $30 billion Series G funding round in February. That round valued Anthropic at $380 billion post-money and was led by GIC and Coatue, with MGX named among the co-leads alongside D.E. Shaw Ventures, Dragoneer, Founders Fund and ICONIQ.
At the time, Anthropic said the Series G investment would support frontier research, product development and infrastructure expansion. The company also said demand for Claude was being driven by enterprise and developer adoption.
The latest Series H round marks a sharp increase in Anthropic’s valuation from $380 billion in February to $965 billion in May.
MGX’s investment activity has increasingly focused on AI companies and the infrastructure needed to support them. According to information shared by the company in earlier communications, MGX also participated in xAI’s $20 billion Series E funding round, supporting the scaling of compute infrastructure and the buildout of large GPU clusters.
MGX has also been involved in major AI infrastructure transactions. The Artificial Intelligence Infrastructure Partnership, MGX and BlackRock’s Global Infrastructure Partners announced a deal to acquire Aligned Data Centers in a transaction implying an enterprise value of approximately $40 billion.
Aligned Data Centers designs, builds and operates data campuses and data centres for hyperscalers, neocloud and enterprise customers. Its portfolio includes 50 campuses and more than five gigawatts of operational and planned capacity, including assets under development, primarily in the US and Latin America.
In September 2025, MGX also announced that it had joined Silver Lake as a co-investor in the Silver Lake-led acquisition of a 51% stake in Altera, with Intel retaining a 49% stake.
The transaction established Altera as an independent, pure-play FPGA solutions provider. FPGA, or field-programmable gate array, is a type of reprogrammable semiconductor chip that can be customised for specialised computing tasks, including AI and high-performance applications.
MGX executives have also used global platforms to highlight the firm’s focus on AI infrastructure. During the World Economic Forum Annual Meeting in Davos, MGX executives discussed the physical layer of AI, the financing of next-generation infrastructure, and the role of capital and power availability in shaping long-term competitive advantage in the AI economy.
