AI chatbot maker Anthropic plans to raise $10bn to reach $350bn valuation

Published 1 day ago
Source: theguardian.com
AI chatbot maker Anthropic plans to raise $10bn to reach $350bn valuation

Startup founded by former OpenAI staff is aiming to more than double its annualized revenue run rate this year

Anthropic is planning a $10bn fundraise that would value the Claude chatbot maker at $350bn, according to multiple reports published on Wednesday.

The new valuation represents an increase of nearly double from about four months ago, per CNBC, which reported that the company had signed a term sheet that stipulated the $350bn figure. The round could close within weeks, although the size and terms could change. Singapore’s sovereign wealth fund GIC and Coatue Management are planning to lead the financing, the Wall Street Journal reported.

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