Krishna Rao
krishna-rao-39be5938·7 events·first seen 1mo agoAliases: Krishna Rao
Co-occurring entities
More like this (12)
Recent events (7)
Krishna Rao joins Anthropic as Chief Financial Officer
Anthropic has appointed Krishna Rao as its Chief Financial Officer, effective May 21, 2024. Rao brings nearly 20 years of finance leadership experience from roles at Fanatics Commerce, Cedar, and Airbnb, where he helped navigate the COVID-19 pandemic and led over $10 billion in capital raises including Airbnb's IPO. The hire signals Anthropic's focus on scaling financial operations to support enterprise growth and international expansion.
Anthropic Forms New Enterprise AI Services Company with Blackstone, Hellman & Friedman, and Goldman Sachs
Anthropic has announced the formation of a new AI services company co-founded with Blackstone, Hellman & Friedman, and Goldman Sachs, backed by a consortium including General Atlantic, Apollo Global Management, GIC, and Sequoia Capital. The firm will deploy Claude into core operations of mid-sized enterprises—community banks, manufacturers, regional health systems—using embedded Applied AI engineers from Anthropic alongside the new company's own engineering staff. The venture extends Anthropic's existing Claude Partner Network (which includes Accenture, Deloitte, and PwC) by targeting a market segment that lacks in-house resources for frontier AI deployments. This represents a significant structural move by Anthropic to capture enterprise deployment revenue through a dedicated services vehicle rather than purely through API licensing.
Anthropic Expands Partnership with Google and Broadcom for Multi-Gigawatt TPU Compute Capacity
Anthropic has signed a new agreement with Google and Broadcom for multiple gigawatts of next-generation TPU capacity expected to come online starting in 2027, representing the company's largest compute commitment to date. The announcement coincides with Anthropic reporting run-rate revenue surpassing $30 billion, up from ~$9 billion at end of 2025, and the number of enterprise customers spending over $1M annually doubling to 1,000+ in under two months. The compute will be predominantly US-sited, extending Anthropic's November 2025 $50B American infrastructure commitment. Anthropic continues to operate across AWS Trainium, Google TPUs, and NVIDIA GPUs, with Amazon remaining its primary cloud and training partner.
Anthropic raises $65B in Series H funding at $965B post-money valuation
Anthropic has closed a $65 billion Series H round led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital, valuing the company at $965 billion post-money. The company reports annualized run-rate revenue crossing $47 billion and highlights major compute expansion agreements with Amazon (up to 5 GW), Google/Broadcom (5 GW of TPU capacity), and SpaceX (Colossus GPU access). Strategic infrastructure partners Micron, Samsung, and SK hynix join the round alongside a broad syndicate of institutional investors. Funding is earmarked for safety and interpretability research, compute scaling, and product expansion including Claude Code and Cowork.
Anthropic Expands Google Cloud TPU Usage to Up to One Million TPUs in Tens-of-Billions Deal
Anthropic announced a major expansion of its Google Cloud infrastructure, planning to use up to one million TPUs in a deal worth tens of billions of dollars, with over a gigawatt of capacity expected online in 2026. The expansion is driven by rapidly growing enterprise demand—Anthropic now serves over 300,000 business customers with large accounts growing nearly 7x year-over-year. Anthropic maintains a diversified compute strategy across Google TPUs, Amazon Trainium, and NVIDIA GPUs, while reaffirming its primary training partnership with Amazon via Project Rainier. The company also notes the expanded compute will support alignment research and responsible deployment at scale.
Anthropic raises $30 billion Series G at $380 billion valuation
Anthropic has closed a $30 billion Series G funding round led by GIC and Coatue, valuing the company at $380 billion post-money. The company reports $14 billion in annualized run-rate revenue growing over 10x annually for three consecutive years, with Claude Code alone generating over $2.5 billion in run-rate revenue and accounting for an estimated 4% of all GitHub public commits worldwide. Eight of the Fortune 10 are now Claude customers, and over 500 businesses spend more than $1 million annually. The round will fund frontier research, infrastructure expansion, and product development, and coincides with a confidential S-1 filing with the SEC.
Anthropic raises $13B Series F at $183B post-money valuation
Anthropic completed a $13 billion Series F round led by ICONIQ, Fidelity, and Lightspeed, valuing the company at $183 billion post-money. The company reports run-rate revenue grew from ~$1 billion at the start of 2025 to over $5 billion by August 2025, serving over 300,000 business customers. Claude Code, launched in May 2025, is already generating over $500 million in run-rate revenue with usage growing more than 10x in three months. Proceeds will fund enterprise capacity expansion, safety research, and international growth.