Anthropic, the creator of the Claude AI chatbot, is nearing a $60 billion valuation after securing a $2 billion investment. This latest funding round follows a $4 billion investment from Amazon, highlighting the intense competition within the AI sector.
Artificial intelligence start-up Anthropic is close to securing a $2bn investment in a deal that would triple the four-year-old company’s valuation to $60bn. The maker of the Claude AI chatbot is in advanced talks about raising the fresh capital from a number of top Silicon Valley investors, including Lightspeed Venture Partners, according to people familiar with the situation.
The round comes two months after Anthropic secured an additional $4bn investment from ecommerce giant Amazon, one of its closest partners. It is the latest massive funding deal for an AI company. In October, OpenAI raised $6.6bn in a round valuing the company at $157bn, while Elon Musk’s xAI, which has gained ground on rivals since launching in 2023, raised $6bn at a $45bn valuation in December. The vast sums are almost unprecedented for venture capital-backed start-ups, which have historically gone public long before their valuations reached tens of billions of dollars. Last year, roughly half of the $209bn spent by US venture capitalists went to AI companies, according to data provider PitchBook. Anthropic and rival start-ups such as xAI and OpenAI, as well as established Big Tech companies including Meta and Google, have been in a fierce race to develop cutting-edge AI models, which require billions of dollars to train and run. Investors are not anticipating start-ups in the sector will be profitable in the near future. Ultimately, though, they believe the technology could create trillions of dollars in value. Anthropic, a San Francisco-based company, was founded in 2021 by former OpenAI employees with a focus on safety. It has been competitive with leading AI start-ups over the past year, and poached multiple staff from OpenAI in recent months. It was also first to release certain features such as the ability for its AI to control computer
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