Iconiq has poured over $6B into Anthropic, its largest bet ever
nmasc_ · x · 2026-10-23
Private-market investors say their biggest investment ever went into Anthropic: Iconiq alone has poured more than $6 billion into the company, dwarfing its previous record of $455M into Snowflake. Early backers like Spark, Menlo, and Sound Ventures — who backed the OpenAI rival when it was still an underdog — are set to be rewarded big time.
More from Venture
- Wall Street's high-frequency traders pour billions into the race for AI compute — iaindunning · 2026-10-23
- SpaceX seeks access to 80,000 US cell tower sites; Polymarket puts carrier odds at 29% — Polymarket · 2026-10-23
- Datadog offered nearly $4B for cloud security startup Upwind, scoop says — steph_palazzolo · 2026-10-23
- Investor: If AI is a bubble, it's the weirdest one ever seen — robleclerc · 2026-10-23
- Bindu Reddy: I'd trade my Meta stock for Anthropic at $1.5T or OpenAI at $1T — bindureddy · 2026-10-23
- A Year of Reddit Scraping + LLM Citations: Dead Site Goes From 1 to 50 Google Clicks/Day — doooyle · 2026-10-23