Artificial Intelligence Startup Anthropic Seeking $750 Million Funding Round
Anthropic Aiming for Major Fundraising Round
Anthropic, an artificial intelligence (AI) startup, is currently in discussions to secure a hefty $750 million in a funding round. The round will be led by Menlo Ventures, according to a reliable source with direct knowledge of the matter.
Impressive Valuation for Anthropic
Prior to the funding round, the startup has been valued at a staggering $18.4 billion, showcasing the potential and confidence the market holds for Anthropic.
Founders and Their Innovative Mission
Anthropic was co-founded by siblings and former executives at Microsoft-backed rival OpenAI, Dario and Daniela Amodei. The duo, through their startup, is determined to secure resources and influential backers to compete with OpenAI and lead the technology sector with innovative AI solutions.
Report and Potential Rivalry
The Information first reported about the funding round earlier on Wednesday. With their Claude AI models, Anthropic is aiming to establish themselves in direct competition with OpenAI’s GPT series.
Investment from Tech Giants
Adding to their list of achievements, Anthropic has already received investments from tech giants Google and Amazon.com. Google and Amazon.com have agreed to invest up to $2 billion and $4 billion, respectively, in recent months, indicating the trust and belief in Anthropic’s potential.
Merger Possibility and Board Negotiations
Rival OpenAI’s board of directors had engaged in discussions with Anthropic CEO Dario Amodei about the possibility of replacing chief Sam Altman and potentially merging the two AI startups. This development was reported by Reuters back in November, citing sources familiar with the matter.
