Anthropic Raises Up to $15 Billion at $350 Billion Valuation as AI Funding Frenzy Continues
Summary
Anthropic secures up to $15 billion in funding at a staggering $350 billion valuation, with Coatue and Singapore's GIC leading the oversubscribed round as Microsoft and Nvidia consider additional investments in the Claude AI developer.
Key Points
- Anthropic closes its latest funding round above the initial $10 billion target at a $350 billion valuation, with the total amount ranging between $10 billion and $15 billion
- The funding round could increase further if Microsoft and Nvidia decide to contribute, as both companies previously announced plans to invest up to $5 billion and $10 billion respectively
- Coatue and Singapore sovereign wealth fund GIC lead the financing, with Sequoia Capital also participating in the oversubscribed round for the AI startup known for its Claude language models