The funding adds to the commitments Anthropic has already received from major cloud providers, which also provide the startup with computing resources. The company, known for creating the Claude chatbot, is a key competitor to OpenAI. The deal underscores venture capitalists' sustained interest in major AI deals, provided the startups are generating revenue.
Key takeaways:
- Anthropic, an artificial intelligence startup, is in discussions to raise $750 million in a venture round led by Menlo Ventures.
- The investment could value the two-year-old company at $15 billion, not including the investment, which is more than triple its valuation from earlier this year.
- The final price of the investment could potentially exceed $18 billion.
- This investment adds to commitments from major cloud providers that also supply computing resources to the startup, which is a main competitor to OpenAI.