Sequoia to join GIC, Coatue in Anthropic investment: FT

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Venture capital group Sequoia is set to back Anthropic alongside Singapore’s GIC and US firm Coatue in a new funding round. The investment would value the artificial intelligence company at about $350 billion, according to the Financial Times.

Image for Sequoia to join GIC, Coatue in Anthropic investment: FTReuters
Venture capital firm ⁠Sequoia is joining Singapore’s ‌GIC ‌and ‌US investor Coatue in a funding round for Anthropic which ‌values ‍the ‍artificial intelligence startup at $350 ‌billion, the Financial Times reported on ‍Sunday, citing sources ‍familiar ⁠with ⁠the matter.

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Sequoia to join GIC, Coatue in Anthropic investment: FT


Synopsis

Venture capital group Sequoia is set to back Anthropic alongside Singapore’s GIC and US firm Coatue in a new funding round. The investment would value the artificial intelligence company at about $350 billion, according to the Financial Times.

Image for Sequoia to join GIC, Coatue in Anthropic investment: FTReuters
Venture capital firm ⁠Sequoia is joining Singapore’s ‌GIC ‌and ‌US investor Coatue in a funding round for Anthropic which ‌values ‍the ‍artificial intelligence startup at $350 ‌billion, the Financial Times reported on ‍Sunday, citing sources ‍familiar ⁠with ⁠the matter.

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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