Today: Dec 19, 2024

Anthropic to Carry $750 Million in Menlo Ventures-Led Deal

Anthropic to Carry 0 Million in Menlo Ventures-Led Deal
December 21, 2023


Anthropic is in talks to lift $750 million in a project spherical led by way of Menlo Ventures that values the two-year-old synthetic intelligence startup at $15 billion now not together with the funding, greater than 3 times its valuation this spring, consistent with two folks with direct wisdom of the topic. The spherical hasn’t finalized. The overall value may best $18 billion, consistent with a 3rd particular person.
The funding provides to commitments secured from main cloud suppliers that still provide computing assets to the startup, probably the most primary opponents to OpenAI. The deal for the maker of the Claude chatbot presentations VC buyers’ persisted sturdy urge for food for the most important AI offers, so long as the startups are producing earnings.

OpenAI
Author: OpenAI

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