Crypto news, Anthropic is preparing a super funding round with a valuation expected to surpass $900 billion, but the first CFO Krishna Rao has adopted an unconventional approach, repeatedly using "not yet funded" to dissuade investors, deliberately refusing the highest valuation offered by the market, choosing to raise less money than expected, and providing conservative revenue forecasts.

As Claude Code becomes a huge hit, the company's revenue run rate in April has exceeded $30 billion, and the enormous demand requires Rao to immediately decide whether to lock in hundreds of billions of dollars in computing power contracts early for 2027 to 2029.