Anthropic said Thursday it has raised $65 billion at a post-money valuation of $965 billion as it seeks to expand computing capacity to meet growing demand for chatbot Claude and scale its products.<\/p>\n
The new valuation after the series H funding round puts Anthropic ahead of rival OpenAI, which was last valued at $852 billion post-money in March.<\/p>\n
\u201cSince our series G in February, adoption has continued to grow across global enterprise customers, and our run-rate revenue crossed $47 billion earlier this month,\u201d Anthropic said on its blog. It was valued at $380 billion in February, after raising $30 billion.<\/p>\n
Anthropic\u2019s pursuit of private funding coincides with preparations for a public listing, according to investors and bankers familiar with the company.<\/p>\n
Both Anthropic and OpenAI plan to tap the public market, possibly as quickly as this year, to acquire the computational resources necessary to power their services and train new models.<\/p>\n
Anthropic has struggled to meet demand in recent months, forcing it to institute usage limits during peak hours and incentivize off-peak use by offering more compute during those hours.<\/p>\n
Its latest funding round was led by Altimeter Capital, Dragoneer, Greenoaks and Sequoia Capital, with Coatue and ICONIQ as co-leads, among others.<\/p>\n
Anthropic\u2019s strategic infrastructure partners Micron, Samsung and SK Hynix also joined the investment round.<\/p>\n
The round comprises $15 billion of previously committed investments from hyperscalers, including $5 billion from Amazon.<\/p>\n
Amazon had said in April it would invest up to $25 billion in Anthropic, as the AI startup commits to spending more than $100 billion over the next 10 years on Amazon\u2019s cloud technologies. This is in addition to the $8 billion Amazon previously invested in the company.<\/p>","protected":false},"excerpt":{"rendered":"
Anthropic said Thursday it has raised $65 billion at a post-money valuation of $965 billion as it seeks to expand computing capacity to meet growing demand for chatbot Claude and scale its products. The new valuation after the series H funding round puts Anthropic ahead of rival OpenAI, which was last valued at $852 billion <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[],"class_list":["post-36953","post","type-post","status-publish","format-standard","category-business"],"_links":{"self":[{"href":"https:\/\/americanfinancecore.com\/index.php\/wp-json\/wp\/v2\/posts\/36953","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/americanfinancecore.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/americanfinancecore.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/americanfinancecore.com\/index.php\/wp-json\/wp\/v2\/comments?post=36953"}],"version-history":[{"count":0,"href":"https:\/\/americanfinancecore.com\/index.php\/wp-json\/wp\/v2\/posts\/36953\/revisions"}],"wp:attachment":[{"href":"https:\/\/americanfinancecore.com\/index.php\/wp-json\/wp\/v2\/media?parent=36953"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/americanfinancecore.com\/index.php\/wp-json\/wp\/v2\/categories?post=36953"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/americanfinancecore.com\/index.php\/wp-json\/wp\/v2\/tags?post=36953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}