AI giant Anthropic reaches near-trillion dollar valuation
Anthropic has raised $65 billion in a funding round, bringing its valuation to $965 billion, surpassing OpenAI. The company focuses on generative AI for enterprise clients and emphasizes AI safety. This funding will help Anthropic meet the growing demand for its AI products and expand its reach across major cloud platforms.
- ▪Anthropic's valuation of $965 billion exceeds that of OpenAI, which was valued at $852 billion in March.
- ▪The funding round was led by prominent Silicon Valley venture capitalists and included significant investments from cloud giants like Amazon.
- ▪Anthropic is currently involved in a legal dispute with the Pentagon regarding access to its AI models.
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Anthropic logo is seen in this illustration taken May 20, 2024. DADO RUVIC / REUTERS Artificial intelligence company Anthropic said Thursday , May 28, it had raised $65 billion in a new funding round that values the Claude maker at $965 billion, more than its archrival OpenAI, the maker of ChatGPT. The latest fundraising round confirms Anthropic's place as one of the most significant players in AI, with the startup led by Dario Amodei having drawn fans for its coding powers and state-of-the-art models. Anthropic's rise came by doubling down on delivering generative AI to enterprise clients rather than general users, the path initially chosen by archrival OpenAI.
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