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Anthropic hits a $380B valuation as it heightens competition with OpenAI - The Business Journal

Dispatch from thebusinessjournal.com

Artificial intelligence company Anthropic has reached a valuation of $380 billion after raising $30 billion in funding, positioning it among the world's most valuable startups alongside OpenAI and SpaceX. The funding round was led by Singapore’s GIC and Coatue, with additional backing from Nvidia and Microsoft. Anthropic aims to use these investments to develop enterprise-grade AI products, while also planning to influence AI regulation in the U.S.

Direct Reports

  • Anthropic valued at $380 billion after $30 billion funding round.
  • Company plans to develop enterprise-grade AI products and influence U.S. AI regulation.
  • Anthropic is third among the most valuable private firms, behind OpenAI and SpaceX.
    Anthropic hits a $380B valuation as it heightens competition with OpenAI - The Business Journal | TECHPluse