Anthropic's recent funding efforts follow substantial investments from major companies like Google and Amazon, with Amazon becoming its primary AI training infrastructure partner. OpenAI, another key player in the LLM space, has also secured significant funding, including a $6.6 billion round and a $4 billion line of credit. These developments highlight the competitive landscape in the AI industry, with companies like Cohere Inc. also raising substantial funds to advance their LLM capabilities.
Key takeaways:
- Anthropic is reportedly raising up to $2 billion in new funding, potentially valuing the company at $60 billion.
- The company develops large language models called Claude, with the latest version being Claude 3.5 Sonnet, which has shown significant improvements in programming skills.
- Anthropic generates $875 million in annualized recurring revenue, primarily from enterprise deals, and plans to launch a more advanced model called Claude 3.5 Opus.
- Previous investments in Anthropic include up to $2 billion from Google and $4 billion from Amazon, with AWS becoming its primary AI training infrastructure partner.