Reported about 7 hours ago
AI startup Anthropic is finalizing a $3.5 billion funding round, potentially raising its valuation to $61.5 billion. Investors include Lightspeed Venture Partners, General Catalyst, and Bessemer Venture Partners, along with Abu Dhabi's MGX firm. The news follows a previous $4 billion funding from Amazon and a new investment of over $1 billion from Google's Alphabet. Anthropic recently launched Claude 3.7 Sonnet, an advanced AI model designed to enhance its competitive positioning in the generative AI market.
Source: YAHOO