Anthropic Raises $20 Billion at $350 Billion Valuation, Doubling Funding Target
Summary
Anthropic secures massive $20 billion funding round at $350 billion valuation, doubling its original target as the AI startup rides unprecedented investor demand following previous raises totaling $28 billion from tech giants including Nvidia and Microsoft.
Key Points
- Anthropic closes $20 billion funding round at $350 billion valuation, doubling its initial $10 billion target amid strong investor demand
- The AI company continues its winning streak following $13 billion raised in September and additional investments from Nvidia and Microsoft totaling $15 billion in November
- Anthropic focuses on enterprise partnerships with major companies like IBM and Deloitte while competing against OpenAI, which pursues a broader market approach and seeks $50 billion at $830 billion valuation