Anthropic, creator of the AI chatbot Claude, is seeking to raise $10 billion from investors. This would propel the AI company’s valuation to $350 billion before the new investment – nearly doubling its valuation four months ago, reported by The Wall Street Journal which has cited sources.
Singapore’s sovereign wealth fund GIC and asset manager Coatue Management are reportedly leading the new financing round. Anthropic also received a $13 billion capital injection in September, valuing the company at $183 billion at the time.
Anthropic was founded in 2021 by Dario Amodei, a former researcher at Google and OpenAI, and his sister Daniela Amodei. The company is known for Claude, an AI tool popular among business users due to its strong performance in areas such as programming. To date, Anthropic has raised tens of billions of dollars from existing investors, including Lightspeed Venture Partners, Fidelity Management & Research, and Iconiq Capital.
One of the sources reports that Nvidia and Microsoft also want to invest in Anthropic. Both the companies are reportedly willing to invest up to $15 billion together. As part of this separate deal, Anthropic would acquire $30 billion worth of compute capacity from Microsoft Azure, using Nvidia’s AI systems.
