Anthropic is in advanced talks to raise $2 billion at a $60 billion valuation, led by Lightspeed Venture Partners. Meanwhile, Fidelity participated in OpenAI's $6.6 billion funding round and holds at least $100 million in OpenAI stock. OpenAI is also in discussions with Softbank for a new funding round that could value the company at up to $300 billion.
Key takeaways:
- Fidelity marked up its shares in Anthropic by nearly 25% last year after acquiring them in FTX bankruptcy proceedings.
- Fidelity is one of the few investors backing both Anthropic and its rival OpenAI, despite OpenAI's request to avoid investing in competitors.
- Anthropic shares are trading at $51.44 on secondary markets, implying a $33.2 billion valuation, and the company is in talks to raise $2 billion at a $60 billion valuation.
- OpenAI is in discussions with Softbank for a new funding round that could value the company at up to $300 billion.