Anthropic in Talks to Raise Funding at $60 Billion Value

Anthropic in Talks to Raise Funding at $60 Billion Value

Anthropic is negotiating a $2 billion funding round, aiming for a $60 billion valuation, as it competes in the booming AI market

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Anthropic, Funding, AI, OpenAI, Amazon, Silicon Valley, USA

San Francisco: So, guess what? Anthropic, the company that’s been giving OpenAI a run for its money, is in talks to snag a cool $2 billion in funding. This could push their value up to a whopping $60 billion!

Lightspeed Venture Partners is leading this funding round, but the details are still under wraps. It’s pretty exciting stuff, especially since the buzz around generative AI is just getting louder.

Just a few months back, OpenAI raised a massive $6.6 billion, nearly doubling its worth. And let’s not forget about Elon Musk’s xAI, which recently pulled in $6 billion. The competition is fierce!

Amazon is also in the mix, having invested an additional $4 billion in Anthropic. They started with $1.3 billion and are planning to add more later. But for now, it seems they’re not looking to throw in any extra cash.

Menlo Ventures, which has backed Anthropic before, is expected to jump back in for this round too. It’s clear that Anthropic is making waves since it was founded in 2021 by some former OpenAI folks.

They’re not just sitting around either; they’re raking in about $875 million a year from selling AI software to businesses in finance and healthcare. Talk about making a mark!

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