Anthropic, the creator of the AI chatbot Claude, has secured $3.5 billion in its latest funding round, according to The Wall Street Journal. This valuation of $61.5 billion surpasses Anthropic’s initial funding target of $2 billion.
Leading investment firms, including Lightspeed Venture Partners, General Catalyst, Bessemer Venture Partners, and MGX, are reportedly involved in the funding round. This latest infusion brings Anthropic’s total funding to approximately $18 billion.
Despite recently introducing its updated model, Claude 3.7 Sonnet, Anthropic reportedly earns about $1.2 billion in annualized revenue but remains financially negative. The company anticipates utilizing the funding to advance its AI technology capabilities.
Anthropic’s mission aligns with its recent release of Claude 3.7 Sonnet, a testament to its commitment to developing cutting-edge AI technologies. The company’s expansion and acquisition of funding demonstrate its influence and potential in the rapidly evolving AI landscape.
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