Anthropic AI Seeks Significant Investment to Expand Operations
Anthropic, an AI startup backed by Amazon, is reportedly in advanced talks to raise $2 billion, potentially valuing the company at $60 billion. Led by Lightspeed Venture Partners, this funding round follows a previous valuation of $18 billion in 2024. The new valuation would position Anthropic among the top five most valuable U.S. startups. Known for its generative AI chatbot Claude, Anthropic has seen substantial investments from Amazon, which doubled its stake to $8 billion in November 2024. Founded by ex-OpenAI executives, the company also has a $500 million commitment from Alphabet, with promises of further investment. Despite intense competition and high operational costs in the AI sector, investors remain optimistic about the potential of generative AI technologies.
Source: The Times