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Anthropic is expanding to Europe and raising more money | TechCrunch

May 13, 2024 - techcrunch.com
Anthropic, a major competitor to OpenAI in the generative AI field, has announced the expansion of its AI assistant, Claude, to Europe. The AI assistant now supports multiple languages, including French, German, Italian, and Spanish, and is available across Claude.ai, its iOS app, and its business plan for teams. The expansion follows Anthropic's extension of its API to Europe, as part of a broader push for faster growth. The company has raised nearly $8 billion to date and is in the process of raising more capital.

Despite investor enthusiasm for generative AI, Anthropic's iOS app has received a lukewarm reception from users, raising questions about the sustainability of interest in AI. The company's co-founder, Daniela Amodei, however, believes that the comparison with OpenAI is not straightforward, given Anthropic's focus on work and enterprise applications. She also revealed that the company is seeing steep growth rates in key European markets and is preparing to hire more staff for a new office in Dublin.

Key takeaways:

  • Anthropic, a generative AI company, has announced the expansion of its AI assistant, Claude, to Europe with support for multiple languages including French, German, Italian, and Spanish.
  • The company has raised nearly $8 billion to date at an $18.4 billion valuation, with more than $7 billion of that sum raised in the last year, and is in the process of raising more primary capital.
  • Despite the lukewarm reception of Anthropic’s iOS app, the company reports strong adoption of its paid subscription to Claude Pro and is focusing on work and enterprise applications.
  • Anthropic is preparing to comply with European AI safety and regulation frameworks, including the AI Act passed earlier this year, and is planning to open a new office in Dublin.
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