Anthropic Secures $3.5 Billion Funding, Valued at $61.5 Billion

Reported about 8 hours ago

Anthropic, a competitor to OpenAI, has raised $3.5 billion at a valuation of $61.5 billion, establishing itself as one of the largest startups globally. The company's revenue is reportedly rising, reaching roughly $1 billion with a 30% increase this year. Led by Lightspeed Venture Partners and supported by various investors, the funding will enhance Anthropic's AI development, computing capabilities, and growth in Asia and Europe.

Source: YAHOO

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