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Anthropic hits a $380B valuation as it heightens competition with OpenAI - ABC News
Dispatch from abcnews.com
Anthropic, an AI company, has reached a valuation of $380 billion after raising $30 billion in funding, positioning itself alongside OpenAI and SpaceX as one of the world's most valuable startups. The funding round was led by Singapore's GIC and Coatue, with additional backing from Nvidia and Microsoft. Anthropic plans to use the investments to develop enterprise-grade AI products, while aiming for $14 billion in sales over the next year.
Direct Reports
- Anthropic's valuation reaches $380 billion.
- Company plans to generate $14 billion in sales over the next year.
- Anthropic aims to influence AI regulation with a new $20 million organization.