Anthropic Aims for $150 Billion Valuation with Gulf State Investments

1 min read
Source: TipRanks
Anthropic Aims for $150 Billion Valuation with Gulf State Investments
Photo: TipRanks
TL;DR Summary

Anthropic, an AI startup behind the Claude language model, is in early talks to raise $3-5 billion, potentially valuing it over $150 billion, with major backing from Amazon and Alphabet. The company is experiencing rapid growth, driven by enterprise subscriptions, and its success could benefit its investors and cloud service providers like Amazon Web Services and Google Cloud. The funding and valuation surge highlight the accelerating AI market and the strategic importance for major tech firms, with some interest from Middle Eastern sovereign funds.

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