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Anthropic hits a $380B valuation as it heightens competition with OpenAI - myMotherLode.com

Dispatch from mymotherlode.com

Anthropic, an artificial intelligence company, is now valued at $380 billion after raising $30 billion in funding. This positions it among the world's most valuable startups, alongside OpenAI and SpaceX. The funding will be used to develop enterprise-grade AI products. Anthropic is projected to achieve $14 billion in sales over the next year, despite currently not being profitable.

Direct Reports

  • Anthropic's valuation reached $380 billion after a $30 billion funding round.
  • The company aims for $14 billion in sales over the next year.
  • Anthropic plans to influence AI regulation with a new $20 million organization.