Anthropic, the AI company behind the chatbot Claude, is finalizing a massive $3.5 billion funding round, pushing its valuation to $61.5 billion, according to The Wall Street Journal. Initially aiming for $2 billion, the company increased its target as investors showed strong interest.
Top investors, including Lightspeed Venture Partners, General Catalyst, Bessemer Venture Partners, and Abu Dhabi-based MGX, are in discussions to back the funding round. If completed, this would bring Anthropic’s total capital raised to approximately $18 billion.
This funding comes right after the launch of Claude 3.7 Sonnet, an advanced AI model designed to handle complex tasks efficiently. Despite hitting $1.2 billion in annualized revenue, Anthropic is still operating at a loss and plans to utilize the fresh capital for further AI advancements.
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