The funding round comes as businesses increasingly embrace AI, with a PYMNTS Intelligence-Billtrust study finding that 84% of business leaders believe generative AI will have a positive impact on the workforce. Menlo Ventures, which has previously invested in Anthropic, raised $1.35 billion last month to invest in AI ventures.
Key takeaways:
- Artificial intelligence startup Anthropic is reportedly in talks to raise $750 million with the help of Menlo Ventures, bringing its valuation to $18.4 billion.
- Anthropic, co-founded by siblings Dario Amodei and Daniela Amodei, has received investments from Amazon, Google, Salesforce, Zoom, and SK Telecom.
- OpenAI’s board approached Dario Amodei about possibly replacing Sam Altman at the rival company and potentially merging the two companies.
- Menlo Ventures, which has previously invested in Anthropic, raised $1.35 billion last month to invest in fledgling AI ventures.