Reported about 24 hours ago
Anthropic, a competitor to OpenAI, is in advanced discussions to raise $2 billion in funding, which would elevate its valuation to $60 billion. Led by Lightspeed Venture Partners, this round of financing reflects the growing interest in generative AI startups, similar to recent significant raises by other companies in the sector. Founded in 2021 by former OpenAI employees, Anthropic is positioned to generate approximately $875 million in annual revenue through its AI software offerings.
Source: YAHOO