Anthropic close to raising $20 billion at $350 billion valuation: report

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Artificial intelligence (AI) startup Anthropic is reportedly close to raising $20 billion in its latest funding round. According to a Bloomberg news report, the company will be valued at over $350 billion following this round, nearly doubling its valuation.

The round is being co-led by Founders Fund, D E Shaw, Dragoneer, ICONIQ, and the UAE-based MGX.

This comes just five months after the startup raised $13 billion in its Series F funding round. With the latest, the cumulative funding for Anthropic would exceed $40 billion. The funding is set to play a…



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Anthropic close to raising $20 billion at $350 billion valuation: report



Artificial intelligence (AI) startup Anthropic is reportedly close to raising $20 billion in its latest funding round. According to a Bloomberg news report, the company will be valued at over $350 billion following this round, nearly doubling its valuation.

The round is being co-led by Founders Fund, D E Shaw, Dragoneer, ICONIQ, and the UAE-based MGX.

This comes just five months after the startup raised $13 billion in its Series F funding round. With the latest, the cumulative funding for Anthropic would exceed $40 billion. The funding is set to play a…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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