Reported about 23 hours ago
AI startup Anthropic is nearing a $2 billion funding deal that will elevate its valuation to $60 billion, following a previous $4 billion investment from Amazon. Led by Lightspeed Venture Partners, this funding round underscores Anthropic's competitive stance against OpenAI in the AI landscape, with recent revenue hitting $875 million. The company, co-founded by former OpenAI executives, previously received significant investments from Alphabet and has played an important role in the burgeoning generative AI market.
Source: YAHOO