Anthropic Plans to Raise $3 Billion to $5 Billion, Valuation to Rise to $170 Billion
Anthropic plans to raise $3-5B at a $170B valuation, led by Iconiq Capital. The OpenAI rival, founded by ex-OpenAI staff, raised $3.5B in March at $61.5B valuation. Revenue grew from $4B to $5B annually by July. Amid fierce AI funding competition, CEO admits difficulty in ideal capital sourcing.....
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