Anthropic’s Ambitious Funding Drive: Aiming for $3.5 Billion Boost

Anthropic’s Ambitious Funding Drive: Aiming for $3.5 Billion Boost

Anthropic is reportedly in discussions to secure an impressive $3.5 billion in a new funding round. This substantial financial backing is led by Lightspeed Venture Partners, with General Catalyst and other investors also participating. If successful, the funding would nearly triple Anthropic's valuation to an estimated $61.5 billion, up from its last private market valuation of $18 billion.

The artificial intelligence company, known for creating the chatbot Claude, was founded by early OpenAI employees. It has garnered support from tech giants Amazon and Google, positioning itself as a formidable player in the AI landscape. Notably, Amazon has invested $8 billion into the startup, underscoring its confidence in Anthropic's potential.

Earlier on Monday, Anthropic unveiled its "most intelligent AI model yet," adding to its portfolio of innovative offerings. This development coincides with the company's ambitious funding pursuit, which exceeds initial expectations. Initially, Anthropic aimed to raise $2 billion, but the current round significantly surpasses this target.

The information regarding the funding round comes from two unnamed sources familiar with the deal, who indicate that the details are not yet public. The Wall Street Journal was the first to report on the financing efforts, highlighting the growing investor interest in Anthropic.

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Alex Lorel

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