Anthropic valued at $965-billion as AI giant seeks to expand computing capacity
Anthropic has raised $65 billion, achieving a post-money valuation of $965 billion as it aims to expand its computing capacity. This valuation surpasses that of OpenAI, which was valued at $852 billion earlier this year. The funding round is part of Anthropic's strategy to prepare for a public listing while addressing the growing demand for its AI chatbot, Claude.
- ▪Anthropic raised $65 billion at a valuation of $965 billion.
- ▪The funding round positions Anthropic ahead of OpenAI, which was valued at $852 billion.
- ▪Anthropic's revenue run-rate exceeded $47 billion earlier this month.
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Open this photo in gallery:Angela Jiang, Anthropic's Head of Product Claude Platform, and Katelyn Lesse, Head of Engineering Claude Platform, in London, England on May 19.Michael Knief/The Associated PressShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountAnthropic said on Thursday it has raised US$65-billion at a post-money valuation of US$965 billion, as it seeks to expand computing capacity to meet growing demand for chatbot Claude and scale its products.The new valuation after the series H funding round puts Anthropic ahead of rival OpenAI, which was last valued at US$852-billion post-money in March.“Since our series G in February, adoption has continued to grow across global enterprise customers, and our run-rate revenue crossed US$47-billion earlier…
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