AI disruption: At $380 billion, Anthropic valuation more than combined market cap of top Indian IT stocks
Times of India
by TOI BUSINESS DESKFebruary 25, 2026
AI-Generated Deep Dive Summary
Anthropic, the AI company behind the Claude chatbot, has reached a valuation of $380 billion after securing $30 billion in its latest funding round. This remarkable achievement surpasses the combined market capitalization of India's top IT firms, including Tata Consultancy Services, Infosys, and Wipro, which collectively are worth around $240 billion. Founded just five years ago in 2021, Anthropic has rapidly established itself as a dominant player in the AI sector, driven by its focus on developing reliable, transparent, and controllable AI systems. Its coding-oriented models, such as Claude Code, have gained significant traction among enterprise customers, with revenue from these tools alone exceeding $2.5 billion.
The rise of Anthropic has sent shockwaves through Indian IT stocks, particularly in February 2026 when the Nifty IT index dropped by 21%, its steepest monthly decline since the 2008 financial crisis. This sharp decline was fueled by concerns over AI's potential to disrupt
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Originally published on Times of India on 2/25/2026